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Nairaland Forum / Nairaland / General / Business / Dollar Crashes Again At Parallel Market — See New Rates (814 Views)
Dollar Crashes To N368/$1 / Naira Gains, Dollar Crashes At Parallel Market / Dollar Crashes Again At Parallel Market (2) (3) (4)
Dollar Crashes Again At Parallel Market — See New Rates by mzirawo: 7:11am On Mar 08, 2017 |
DOLLAR CRASHES AGAIN AT PARALLEL MARKET — SEE NEW RATES source: http://www.eyesoflagos.com/2017/03/dollar-crashes-again-at-parallel-market.html The News Agency of Nigeria (NAN) reports that the NAIRA TRADED at N460 to a dollar, after speculators had forced it 3 points down amid liquidity boost on Friday. However, the Naira weakened against the Pound Sterling but maintained its Euro rate as it traded at N560 and N480, respectively. At the Bureau De Change (BDC) window, the Naira was sold at N399 to a dollar, while the Pound Sterling and the Euro closed at N580 and N525, respectively. The Nigerian CURRENCY also traded at N305.50 at the interbank window. In other segments of the market, Deposit Money Banks (DMBs) and Travelex, an International Money Transfer Services Operator, sold the Naira at N370 to a dollar. Traders expressed the hope that the strengthening of the Naira would reposition the economy for greater productivity. They, however, appealed to the CBN to sustain the liquidity boost in the market so that the Naira could sustain its gains against the dollar. NAN reports that some Nigerians, however, expressed worry that the gains of the Naira against the dollar had not translated in the reduction in the prices of goods and services. (NAN)
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Re: Dollar Crashes Again At Parallel Market — See New Rates by CROWNWEALTH019(m): 7:12am On Mar 08, 2017 |
GOD bless osinbajo |
Re: Dollar Crashes Again At Parallel Market — See New Rates by Nobody: 7:16am On Mar 08, 2017 |
Hmmmm 1 Like 1 Share
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Re: Dollar Crashes Again At Parallel Market — See New Rates by ipobarecriminals: 8:08am On Mar 08, 2017 |
we'll surely get out of the wood |
Re: Dollar Crashes Again At Parallel Market — See New Rates by BLACKCHARGER(m): 9:03am On Mar 08, 2017 |
ipobarecriminals: Its like u arr studying jamb past questions No worry.. U go pass |
(1) (Reply)
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