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Tag Archives: Naira may depreciate to 475 against dollar

November, 2020

  • 10 November

    Naira may depreciate to 475 against dollar

    The naira will weaken in the parallel market as oil prices stay at $40-$42 per barrel and likely depreciate to 470-475 against the dollar in November and December, the Managing Director/Chief Executive Officer, Mr Bismarck Rewane, has said. Rewane stated this in his presentation at the Lagos Business School Breakfast Session last week, a copy of which was obtained by ...