Thursday, February 11, 2016

Naira hits record low of 321 on dollar shortage

The is the worst exchange rate Nigeria has ever experienced.

The Naira sank to a re­cord low of N321 to the dollar on the par­allel market on Thursday, as importers desperate to meet their obligations scrambled for dollars.

The Central Bank of Nigeria (CBN) left its official rate un­changed a...
Naira hits record low of 321 on dollar shortage

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