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Nairaland Forum / Nairaland / General / Business / UPDATE: Dollar Now Trades At N498 To Naira (411 Views)
Exchange Rate Update: Dollar To Naira Today – Jan 18, 2018. / CBN Introduces New FOREX Rates, Dollar Now N360 For "Invisibles" / A Dollar Now N500 (2) (3) (4)
UPDATE: Dollar Now Trades At N498 To Naira by Amoyinoluwa24: 6:31pm On Jan 30, 2017 |
http://punchng.com/naira-reverses-loss-dropping-500dollar/ The naira dropped against the United States dollar from 498 to 500 at the parallel market during the early trading hours on Monday, crossing the critical threshold currency analysts had predicted. Foreign exchange traders linked the development to relative scarcity of the greenback in the Forex market. The local unit, however, reserved the loss during the intra-day trading and closed at 498/dollar. The naira has been under persistent pressure as scarcity of the greenback continued to hit the market. At the official market, the local unit closed at 305/dollar. Economic experts and currency analysts are divided over the outlook for the naira this year.
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Re: UPDATE: Dollar Now Trades At N498 To Naira by Amoyinoluwa24: 6:31pm On Jan 30, 2017 |
Lalasticlala, Myndd44 |
Re: UPDATE: Dollar Now Trades At N498 To Naira by Amoyinoluwa24: 6:33pm On Jan 30, 2017 |
Mynd44 |
Re: UPDATE: Dollar Now Trades At N498 To Naira by semasir: 6:44pm On Jan 30, 2017 |
Serious wàhálà..... NGN 1 = USD 1000 still on the way! |
(1) (Reply)
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