naira - dollar exchange rate

  1. Currency Strengthens: Naira Hits N1400/$1 in Parallel Market as Demand Slows

    Nigeria Currency Strengthens: Naira Hits N1400/$1 in Parallel Market as Demand Slows

    In the parallel market, operators are quoting a buy price of N1400/$1 for individuals selling dollars, marking a notable strengthening of the naira. Recent checks by Nairametrics reveal that the exchange rate has been on the rise as speculators begin offloading their stockpiles of dollars due to...
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