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N338=$1: NAIRA TO DOLLAR RATE IS CURRENTLY DEVALUATING

augustus by augustus
Feb 13, 2016
in News
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This is getting out of hand as naira is now on its way to approaching N1000 to $1 as naira to dollar rate is now N338 = $1. ASnaira kept declining at a faster pace.

Though the official CBN exchange rate is still at N197 to the dollar on its official interbank transactions.

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The local currency had closed at 335, 318, 313.5 and 310 on Thursday, Wednesday, Tuesday and Monday, respectively.

naira-Dollar value

 

 

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