Market indications as at yesterday July 13th showed that the Naira is now 241 against a dollar. Financial experts say the ban placed by CBN on importers from accessing NigerianFOREIGN EXCHANGE MARKETS for the importation of 41 items has led to the volatility of the Naira-Dollar exchange rate at the black market.
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Tuesday 14 July 2015
Naira now 241 against a dollar
Market indications as at yesterday July 13th showed that the Naira is now 241 against a dollar. Financial experts say the ban placed by CBN on importers from accessing NigerianFOREIGN EXCHANGE MARKETS for the importation of 41 items has led to the volatility of the Naira-Dollar exchange rate at the black market.
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