Naira Weakens, Now N357/$1 - Business - Nairaland
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External Reserves Hit Two-week Low As Naira Weakens / Naira Weakens To N458 Per Dollar At Parallel Market / Naira Weakens Against Dollar 357/ 1$ (2) (3) (4)
| Naira Weakens, Now N357/$1 by comos: 11:23am On Jun 07, 2016 |
The Naira on Monday weakened further against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The currency exchanged at N357 for a dollar as against N350 it traded on Friday. However, the naira maintained stability with the Pounds Sterling and Euro, trading at N505 and N397 to each of them, respectively. Meanwhile, pending the release of modalities for the operation of the proposed flexible exchange rate, the official rate remained at N197 to a dollar. Traders at the market decried the delay in the release of modalities as proposed by the Central Bank of Nigeria (CBN). They expressed optimism that a flexible exchange rate would rejuvenate the market. Read more at: http://www.vanguardngr.com/2016/06/naira-weakens-now-n3571/ |
| Re: Naira Weakens, Now N357/$1 by stardelta1: 11:24am On Jun 07, 2016 |
Naira is now 360 to a Dollar.  .I'm speecheless |
| Re: Naira Weakens, Now N357/$1 by OlandoOwoo: 11:26am On Jun 07, 2016 |
Yes, because the dullard has gone for ear transplant |
| Re: Naira Weakens, Now N357/$1 by 989900: 11:27am On Jun 07, 2016 |
Meanwhile, pending the release of modalities for the operation of the proposed flexible exchange rate, the official rate remained at N197 to a dollar. Why should the above take forever? What happened to the Yuan deal? |
| Re: Naira Weakens, Now N357/$1 by Flets: 11:27am On Jun 07, 2016 |
ok |
| Re: Naira Weakens, Now N357/$1 by Dez80(m): 2:50pm On Jun 07, 2016 |
So person wey go hustle £1,000,000 come naija don over hammer o. Hmmmm, I hope God hears my prayer soonest 1 Like |
| Re: Naira Weakens, Now N357/$1 by PapaOyoyo: 2:53pm On Jun 07, 2016 |
Dez80: Amen!!!! |
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