Wednesday, 28 September 2016

Oh No! Naira Falls to 460 per Dollar in Black Market



The Nigerian Naira plunged further to a new record low today, Wednesday 28th September down 1.76 percent against the dollar on the parallel market even as dollar supplies dry up.

The Naira fell to 460 to the dollar on the black market, down from 452 at the close of trading on Tuesday.


This is just so unfortunate; just months ago, it was 199 Naira per dollar. Sad!

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