Naira in another record fall at official market

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The currency exchanged hands with the greenback at N422.07 per $1.

weakened further against the U.S. dollar at the official market on Thursday, after reaching a record low on Wednesday, following Vice president Yemi Osinbajo’s criticism of the central bank’s forex policy.

“As for the exchange rate, I think we need to move our rates to [be] as reflective of the market as possible. This, in my own respective view, is the only way to improve supply,” the vice president said.Data published on FMDQ securities exchange window where forex is officially traded showed the currency exchanged hands with the greenback at N422.07 per $1 on Thursday, the lowest rate ever recorded at the official window.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

myhfuntua

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités