August 16, 2022 4:08 PM
They put the buying price of the dollar at N678 and the selling price at N683, leaving a N5 profit margin.“Demand is still high, but we don’t have enough dollars,” a currency trader told TheCable.Godwin Emefiele, CBN governor, said the black market traders turned away from their objectives to become money laundering agent.The apex bank later commissioned deposit money banks to cover the expected demand from the public.
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Naira falls at official marketNaira fell against the U.S dollar by 0.09 % on Monday.
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