Naira weakens against dollar despite CBN’s increased 33% forex offer

by | September 25, 2013 5:38 pm

The naira Wednesday eased against the US dollar, losing 65 kobo at the interbank market in spite of increased foreign exchange offer by 33 percent from $300 million on Monday to $400 million Wednesday by the Central Bank of Nigeria (CBN). The naira Wednesday closed at N160.05/$ compared to N159.40/$ the previous day, data from…

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