naira parallel market

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    Business Naira Watch: Tracking Nigeria's Currency [Day 71]

    Nigerian naira depreciated 2.79% against the United States Dollar to close at N320. 31 at the Inter-bank foreign exchange market, seventy-one days after the Central bank of Nigeria removed peg on the country's currency. At the parallel market, the currency closed at 476 from 475 to a dollar it...
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