Dollar demand drops at black market after naira float – Traders
kolaking.substack.com
Hope Moses-Ashike Traders said Thursday that demand for dollars at the black market has dropped after Nigeria’s bold move yesterday to float the naira. The drop in demand in the black market comes as no surprise as several businesses that had turned to that market after being starved of dollars at the official market will now return to the official market for transactions.
Dollar demand drops at black market after naira float – Traders
Dollar demand drops at black market after…
Dollar demand drops at black market after naira float – Traders
Hope Moses-Ashike Traders said Thursday that demand for dollars at the black market has dropped after Nigeria’s bold move yesterday to float the naira. The drop in demand in the black market comes as no surprise as several businesses that had turned to that market after being starved of dollars at the official market will now return to the official market for transactions.