Naira to strengthen on $21m sales to BDCs

by | October 27, 2016 8:59 pm

The nation’s currency which depreciated against the US dollar for the past two days is expected to recover following the dollar sales to Bureau De Change (BDCs) worth $21 million by Travelex, a global currency dealer. Naira yesterday weakened against the dollar at the unregulated parallel market closing at N470/$ but later firmed up to…

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