Administrators FlyJ Posted August 12, 2015 Administrators Share Posted August 12, 2015 The naira dropped against the dollar at the parallel market on Tuesday driven by demand mainly from individuals travelling abroad for summer holidays and importers, traders said. The local currency was quoted at 224 to the greenback at the black market, 0.89 per cent weaker than 222 it was sold on Monday, Reuters reported. At the official interbank market, the naira closed at 197, a level it has been stuck at following the Central Bank of Nigeria’s peg on the exchange rate in February. Source 1 Quote Link to comment Share on other sites More sharing options...
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