The naira closed at a record closing low of 190.60 to the dollar on Friday, despite the central bank intervening for a fifth day this week to prop up the currency, dealers said.
The Naira has now hit an all time low twice this wee already making it the worst week in history.
The naira, which has been hard hit by falling oil prices, fell 1.2 percent against the dollar, from the previous day’s close of 188.35 naira.
Naira also trades at betwee N200 and N210 at the interbank today capping of the worst week in its history.
Please i want to know if oando share price will hit NGN22.00 after its closing right issue date
The foreign exchange is virtually affecting most commodities. I’m also affected. When you plan to buy an imported good at a price, and you wake the next morning to find out that you are sitting on a long thing.
Why our money Naira is always fallen 4 every month? Becouse of what please, I need urgent replay!