Naira eases against dollar despite CBN’s intervention

by | January 22, 2014 7:23 pm

Naira yesterday weakened against the US dollar losing 24 kobo at the Nigerian Interbank Foreign Exchange (NIFEX) market. The local currency yesterday closed at N159.64/$ as against N159.40/$ the previous day, data from Financial Markets Dealers Quotations (FMDQ) have indicated. At the official market, naira also depreciated losing N0.01k to close at N155.75/$ compared to…

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