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Home Markets Currencies

[BAD TO WORSE] Naira falls to N230 to the Dollar

Nairametrics by Nairametrics
July 6, 2015
in Currencies
Widening Gap Between Interbank, BDC Rates: Forex Dealers Express Concern
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  • The Naira sold at the parallel market for N232 to the dollar on Monday down from N230 as at Friday.
  • The Naira has been on a steady decline since the CBN released a list of 41 import items that importers not valid for foreign exchange in the Nigerian foreign exchange market.
  • The currency traded at 198.50 naira on the interbank market

 

Tags: News Review
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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