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Friday, 7 August 2015

Naira depreciates by N7 against the US dollar

Naira depreciates by N7 against the US dollar
*Despite CBN’s intervention on banks’ dollar payment 07 August 2015, Lagos – The naira yesterday could not sustain the gains recorded on Wednesday, as it depreciated against the US dollar in the parallel market, closing at N222 to a dollar. This represents a depreciation of N7 from Wednesday when a dollar exchanged for N215 in […] More »

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