[B-O-O-M] Naira Depreciates To N230 To $1 - Nairaland / General - Nairaland
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| [B-O-O-M] Naira Depreciates To N230 To $1 by segello: 1:16pm On Jul 02, 2015 |
◾The Naira fell to N230 on Wednesday in the parallel market as importers scrambled to source for forex lifeline to save their business. ◾The Naira was N228 on Tuesday and N220 just a week ago thus depreciating by 4.5% in just one week. ◾The depreciation is likely to continue as more importers scramble to secure enough forex for their next imports to avoid being run out of business ◾The naira was trading at 198.95 to the dollar on the interbank market on Wednesday. ◾The central bank lowered its exchange rate peg to 196.95 to the dollar on Tuesday from 196.90 last week. more on.... http://nairametrics.com/b-o-o-m-naira-depreciates-to-n230-to-1/ |
| Re: [B-O-O-M] Naira Depreciates To N230 To $1 by seunlayi(m): 1:51pm On Jul 02, 2015 |
in my dream this morning, I saw N1 to $1 1 Like |
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