Market Report

Naira seen gaining on improved dollar supply

by Reuters

October 27, 2016 | 2:50 pm
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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…

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by Reuters

October 27, 2016 | 2:50 pm
  |     |     |   Start Conversation

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