Naira falls to 325 on dollar shortage

Naira falls to 325 on dollar shortage
12 February 2016, Lagos – The naira hit a record low of 325 to the dollar at the parallel market on Thursday as desperate importers scrambled for dollars to meet their obligations overseas. The local currency had closed at 318 against the greenback on Wednesday, after hitting 313.5 and 310 on Tuesday and Monday, respectively. “The […] More »
Naira falls to 325 on dollar shortage Naira falls to 325 on dollar shortage Reviewed by Crude Oil Facilitators on 19:24 Rating: 5

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