Naira to strengthen on $21m sales to BDCs

Naira to strengthen on $21m sales to BDCs

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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