« previous next »
Pages: [1]   Go Down

Topic: Naira is Dying: Naira falls to N349/$ in parallel market  (Read 5048 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
Logged
Pages: [1]   Go Up
« previous next »
 

Related Topics

  Subject / Started by Replies Last post
0 Replies
5135 Views 		Last post November 11, 2014, 08:34:30 AM
by flukky01
0 Replies
1780 Views 		Last post January 05, 2016, 01:00:53 AM
by flukky-2
0 Replies
1498 Views 		Last post January 19, 2016, 01:01:02 PM
by flukky-1
0 Replies
1796 Views 		Last post January 23, 2016, 01:03:31 AM
by flukky-2
0 Replies
1518 Views 		Last post April 18, 2016, 07:00:25 PM
by flukky-2
0 Replies
1519 Views 		Last post May 06, 2016, 07:00:34 PM
by flukky-2
0 Replies
1255 Views 		Last post September 27, 2016, 01:02:25 AM
by thenation
0 Replies
590 Views 		Last post July 29, 2021, 07:02:22 AM
by flukky-1
0 Replies
483 Views 		Last post May 21, 2022, 07:15:21 AM
by thisday
0 Replies
6 Views 		Last post Yesterday at 01:03:48 AM
by flukky-1