« previous next »
Pages: [1]   Go Down

Topic: Naira is Dying: Naira falls to N349/$ in parallel market  (Read 10620 times)

0 Members and 1 Guest are viewing this topic.

Naira is Dying: Naira falls to N349/$ in parallel market
« on: February 16, 2016, 11:15:08 am »
he naira, yesterday, suffered its biggest daily depreciation against the dollar as it exchanged for N349 to a dollar in the parallel market.

This represents N20 depreciation when compared with the closing exchange rate of N325 per dollar in the market on Friday.

The naira also depreciated by N45 against the British pound as the parallel market exchange rate rose to N485 per pound, yesterday, from N340 on Friday.

Vanguard News

Before you buy that stock — 10 AI analysts already scored it. See what they agreed on. → drux.space/apps/invest
Logged
Pages: [1]   Go Up
« previous next »
 

Related Topics

  Subject / Started by Replies Last post
0 Replies
11318 Views 		Last post November 11, 2014, 08:34:30 am
by flukky01
0 Replies
3132 Views 		Last post January 05, 2016, 01:00:53 am
by flukky-2
0 Replies
2657 Views 		Last post January 19, 2016, 01:01:02 pm
by flukky-1
0 Replies
2925 Views 		Last post January 23, 2016, 01:03:31 am
by flukky-2
0 Replies
2837 Views 		Last post April 18, 2016, 07:00:25 pm
by flukky-2
0 Replies
2758 Views 		Last post May 06, 2016, 07:00:34 pm
by flukky-2
0 Replies
2405 Views 		Last post September 27, 2016, 01:02:25 am
by thenation
0 Replies
1973 Views 		Last post July 29, 2021, 07:02:22 am
by flukky-1
0 Replies
1797 Views 		Last post May 21, 2022, 07:15:21 am
by thisday
0 Replies
1293 Views 		Last post April 26, 2024, 01:03:48 am
by flukky-1