The naira weakened to 410 per dollar against the United States currency on Tuesday, down from 405/dollar recorded on Monday.Mtn data subscription code, airtel data subscription code, 9mobile data subscription code and glo data subscription code.

This was despite the Central Bank of Nigeria’s attempt to improve dollar supply and prop up the local unit.

The CBN had on Monday auctioned $100m in forwards to be settled between one week and 30 days’ time, as against 60-day contracts it had written previously, shortening the settlement period on forward contracts to inject liquidity.

On the official market, the naira closed at 306.10/dollar on Tuesday.

The central bank had on Monday opened a special foreign exchange window for the Small and Medium Enterprises.

The window would enable them to import eligible finished and semi-finished items not exceeding $20,000 for an enterprise per quarter.

The Acting Director, Corporate Communications of the CBN, Mr. Isaac Okorafor, explained that the apex bank’s special intervention was necessitated by its findings that a large number of the SMEs were being crowded out of the forex space by large firms.

http://naijamatta.com/index.php/forum/investment/271-naira-weakens-to-410-dollar/300

cc: seun, lalasticlala

Naira has never really strengthened in the actual sense.
Emefiele's led CBN has just been employing delay tactics,an artificial solution to a perennial problem,just like using dyes to cover gray/white hair.

Hmmm

Atiku2019:

So for your mind,ATIKU really cares about Nigeria... Na big lie.
He,like any other politician cares about his personal interest.

Oh lawd why na

.