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Topic: Forex policy uncertainty pushes naira to 357/dollar  (Read 1943 times)

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Forex policy uncertainty pushes naira to 357/dollar
« on: June 07, 2016, 01:00:19 PM »
Forex policy uncertainty pushes naira to 357/dollar

Oyetunji Abioye The naira dropped against the United States dollar at the parallel market from 355 on Friday to 357 on Monday, foreign exchange traders said. Analysts and traders linked the drop to the mounting fears among traders and investors over the flexible exchange rate policy proposed by the Central Bank of Nigeria. They said


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