Currency Watch

Naira falls across markets as dollar shortage bites harder

by HOPE MOSES-ASHIKE

January 28, 2016 | 10:24 am
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The naira reversed its gain the previous day as it yesterday depreciated in value against the dollar across segments of foreign exchange (FX) market following supply shortage. After trading on Wednesday, the naira lost N1 or 0.33 percent each at Bureau De Change (BDC) segment of the FX and the parallel market. It closed at…

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by HOPE MOSES-ASHIKE

January 28, 2016 | 10:24 am
  |     |     |   Start Conversation

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