SMALL CHANGE As Naira Gets Small Value against dollar
The nation’s currency exchange at N345 to a dollar from N361 it traded on Friday. However, the currency exchanged at N385 and N380 to Pounds Sterling and the Euro, respectively, at the Monday’s trading.
Meanwhile, the official Central Bank of Nigeria (CBN) rate remained at N197 to the dollar. Traders told NAN that the money market had started recovering from the shock of Wednesday’s increase in the pump price of petrol from N86.50 per litre to N145 per litre, which saw a “free fall’’ of the naira at the market
SMALL CHANGE As Naira Gets Small Value against dollar
Reviewed by Unknown
on
May 16, 2016
Rating:
Reviewed by Unknown
on
May 16, 2016
Rating:
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