Naira hits new low at N820/$, as forex supply gap persists
kolaking.substack.com
BUSINESS By Babajide Komolafe, Economy Editor & Elizabeth Adegbesan At the backdrop of sustained supply gap in Nigeria’s foreign exchange (forex) market, the local currency, Naira, has hit a new low at the weekend, trading N803.9 to a dollar in the Investors & Exporters (I&E) window which is the official forex market and N822/$ in the parallel market.
Naira hits new low at N820/$, as forex supply gap persists
Naira hits new low at N820/$, as forex supply…
Naira hits new low at N820/$, as forex supply gap persists
BUSINESS By Babajide Komolafe, Economy Editor & Elizabeth Adegbesan At the backdrop of sustained supply gap in Nigeria’s foreign exchange (forex) market, the local currency, Naira, has hit a new low at the weekend, trading N803.9 to a dollar in the Investors & Exporters (I&E) window which is the official forex market and N822/$ in the parallel market.