Naira falls to weakest in nine weeks

by | August 28, 2013 3:40 pm

The naira fell to its weakest in nearly nine weeks on the interbank market on Wednesday, after the central bank chose not to supply the extra dollars many banks were hoping for. The naira closed at 162.25 to the dollar, the weakest since June 28 when it closed at 162.60. The local currency closed at…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe