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Nairaland Forum / Entertainment / Celebrities / Naira Devaluation: Naira Now 204 To U.S Dollar, 314 To British Pound. (514 Views)
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Naira Devaluation: Naira Now 204 To U.S Dollar, 314 To British Pound. by Naijabams(m): 3:53pm On Feb 15, 2015 |
The plunge of the Naira seems unending as the Nigerian currency as at yesterday, February 15, is selling at N204 to the Dollar. At the black market, the Naira-Dollar exchange rate is said to be as high as N209. The Pound Sterling on the other hand is selling for 314 to the Naira at the Bureau De Change segment and N310 at the black market. The fall of the Naira continues despite attempts made by the Central Bank of Nigeria (CBN) to stem the trend. According to Bloomberg, the Naira has tumbled 17 percent over the past three months and may further decline to an exchange rate of N263 to the dollar. http://www.naijabams.com/forum/showtopic.php?id=8119 1 Like |
Re: Naira Devaluation: Naira Now 204 To U.S Dollar, 314 To British Pound. by Nobody: 4:03pm On Feb 15, 2015 |
That's one of the transformation marks of the shoeless, hat-bearing fisherman from Otuoke. So pathetic! 1 Like |
Re: Naira Devaluation: Naira Now 204 To U.S Dollar, 314 To British Pound. by rusher14: 4:42pm On Feb 15, 2015 |
Jonny be good is doing good. 1 Like |
Re: Naira Devaluation: Naira Now 204 To U.S Dollar, 314 To British Pound. by jessiecah(f): 2:19am On Feb 16, 2015 |
This is serious o...what is happening to the Nigerian economy? |
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