Naira Depreciates Further in Black Market, Reaches ₦72,500.00 - ₦74,000.00 for 50 US Dollars
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#f4e83713 ver:1.8

The Nigerian naira continues to depreciate in the black market, reaching ₦72,500.00 - ₦74,000.00 for 50 US dollars. The naira also weakened against the Pound Sterling and Euro, while Bitcoin and other digital currencies experienced a bearish market. The naira's depreciation in May was 5.6% against the US dollar. Despite improved liquidity and restrictions on Bureau de Change activities, the naira faces pressure in the foreign exchange market. The black market exchange rate for $100 to naira is ₦146,800 for buying and ₦148,500 for selling. #NairaDepreciation #ForeignExchangeMarket #BlackMarketRate...

#newstr #Naira #ForeignExchangeMarket #BlackMarket #Usd #Depreciation #DigitalCurrencies #StockMarket #ExchangeRate 

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