Naira Appreciates Against US Dollar in Official and Parallel Markets, Black Market Rates Remain High
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#f4e83713 ver:1.64

The Nigerian Naira has appreciated against the US dollar in both official and parallel markets, with rates of N1,497.33 and N1,450 per dollar respectively. This comes after a period of decline and is attributed to the Central Bank of Nigeria's policies. The foreign exchange turnover has declined by 69.4%, possibly due to reduced demand. The Naira also gained in the parallel market, trading at N1,480 per dollar. However, the exchange rate remains volatile, highlighting the impact of the foreign exchange market on the Naira's value. #NairaAppreciation #ForeignExchangeMarket...

#newstr #Naira #UsDollar #ForeignExchangeMarkets #BlackMarketRates #CentralBankOfNigeria(cbn) #Cryptocurrency #Inflation 

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