Wednesday, February 24, 2016

The Naira Further Appreciate Over Dollar On Tuesday

The Naira further gained N6 on Tuesday, trading at N364 to the dollar at the parallel market following President Muhammadu Buhari’s stance not to devalue the currency.The News Agency of Nigeria (NAN) reports that the Naira exchanged at N370 to one dollar on Feb. 22.
Buhari had on Feb. 20 insisted that the government would not devalue the Naira in spite of wide gap between the official and the parallel markets.

No comments:

Post a Comment