Dealers Quote The Dollar at High Rates in Official, Parallel Markets as Naira Crashes

Dealers Quote The Dollar at High Rates in Official, Parallel Markets as Naira Crashes …C0NTINUE READING HERE >>>

The Nigerian currency, the naira, depreciated to its lowest in history in the black market on Wednesday, October 16, 2024Black market traders quoted the closing rate of dollar at N1,700 per dollar after trading at N1,703 for most of the dayAlso, the naira crashed in the official window, trading at N1,659.69 per dollar as against the N1,658.79 the previous day

Henzodaily.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

On Wednesday, October 16, 2024, the Nigerian currency, the naira, experienced another round of unprecedented…

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