Naira value drops to N370/$
According to a BDC operator,he said “With the exchange rate going up, those who have dollars don’t want to sell, expecting the rate to rise further so as to maximise their returns.”
The sharp depreciation of the naira in the parallel market triggered by the deregulation of petrol importation continued yesterday, with the naira depreciating to N370 per dollar.
source- vanguardngr
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Naira value drops to N370/$
Reviewed by jim
on
06:37
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Reviewed by jim
on
06:37
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