True Dominion Enterprises Ltd


Thursday, 21 July 2016

Naira depreciates to N375/$ in parallel market

Naira depreciates to N375/$ in parallel market
21 July 2016, Lagos — THE naira yesterday suffered heavily at the parallel market depreciating by N7 against the dollar. Investigation reveals that the parallel market exchange rate rose from N268 per dollar on Tuesday to N375 per dollar at the close of business yesterday. The sharp depreciation was triggered by increased scarcity of the […] More »
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