Dollar Scarcity Pushes Naira To 352

Forum 8 years ago

Dollar Scarcity Pushes Naira To 352

The acute scarcity of foreign exchange, especially the United Statesdollar, made thenairato fall further on Tuesday to 352 against the greenback atthe parallel market.The increasing pressure on thenairais caused by high demand for thedollarby importers and speculators, foreign exchange dealers said.

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