Naira heads towards N500/USD

Naira heads towards N500/USD
*Morgan Stanley warns against controls 30 September 2016, Lagos — Nigeria’s foreign exchange market was tension-soaked yesterday, as the Naira raced towards N500/USD1. It closed at N490/ USD1 in the parallel market, with dealers expecting further rise today to hit the dreaded N500 mark. Surprisingly, the Naira appreciated significantly to N305/ USD at the official […] More »
Naira heads towards N500/USD Naira heads towards N500/USD Reviewed by Crude Oil Facilitators on 16:56 Rating: 5

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