N1,631.17: Again, Naira Depreciates Against US Dollar, CBN Gives Pound, Euro New Exchange Rates …C0NTINUE READING HERE >>>
The Nigerian currency has depreciated further against the dollar in both the official and unofficial forex marketsThis depreciation follows a reduction in foreign exchange transactions recorded by banks and official tradersThe Central Bank of Nigeria is expected to intervene in the market by selling dollars to Bureau De Change operators to lower the dollar rate in the black market
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