Nigeria's naira falls to a record 980 on black market

📆 20/09/2023 17:24:00
📰 ReutersAfrica

⏱ Reading Time:
8 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 53%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Nigeria's naira fell to a record low on the black market on Wednesday, driven mostly by speculative demand as individuals turn to the dollar as a store of value, traders said.

The unit was quoted at 980 naira to the U.S. dollar on abokiFx, a firm that publishes online black market exchange rates for the currency, compared with 965 on Tuesday.

"The current free fall of the naira is mostly driven from speculation as the black market premium has reached 23.3%," one trader said.

Escrever Comentário

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Nigeria: Tinubu Woos ExxonMobil Chief, Says Nigeria Is Ready for BusinessPresident Bola Tinubu met with a delegation of global energy giant ExxonMobil, in New York, where he said, "Nigeria has never been more ready for business than it is now."
Fonte: allafrica - 🏆 1. / 99 Consulte Mais informação »