Naira seen gaining on improved dollar supply

by | October 27, 2016 2:50 pm



The naira is seen reversing its losses as traders anticipate improved dollar supply from international money transfer agencies to ease a shortage, which has pushed down the local currency this week. The naira fell 470 to a dollar on the black market on Thursday, from 455 a dollar last week because of a surge in demand…

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