Tag Archives: Naira weakens to 470/dollar despite CBN interventions

November, 2020

• 14 November

  Naira weakens to 470/dollar despite CBN interventions

  

  The naira weakened to 470 against the United States dollar in the parallel market on Friday despite the interventions of the Central Bank of Nigeria in the official window. The nation’s currency had traded at N465, N466 and N468 against the greenback on Tuesday, Wednesday and Thursday respectively. But it fell on Friday to its weakest level in more than ...

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