Naira Drops To 280 Per Dollar In Parallel Market

The Naira weakened on Thursday to 280 to a dollar following a directive by the central bank that commercial banks should limit how much customers can spend abroad using their debits cards. The CBN has for months defended the naira employing varying measures to stabilize the falling currency, including shoring it up with forex reserves.

Source: Naira Drops To 280 Per Dollar In Parallel Market

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Author: tighayb

Blog herbalist

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