Naira On Wednesday Stayed At N485/$1, N600/£1 & N510/1€ In Black Market - Business - Nairaland
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| Naira On Wednesday Stayed At N485/$1, N600/£1 & N510/1€ In Black Market by ogedanny: 4:37pm On Dec 07, 2016 |
The Naira on Wednesday, Dec, 7, maintained the same value (it fell at yesterday, Tuesday, Dec 6) against the dollar, Euro and Pound sterling. You will recall that the local currency bowed to its major pair to trade at N485, N510 and N600 in the black market. At CBN window, it remained at N315 per dollar and N401 per Pounds. Several measures have been implemented by the CBN, including the raid of Bureau De Change by DSS on November 9, 2016, to balance the forex market but still, the Naira has depreciated most in its 43-year history. Source: http://oilandnairanews.com/naira-wednesday-stayed-n4851-n6001-n5101e-black-market/ |
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