News Formal

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

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

España Noticias Noticias

España Últimas Noticias,España Titulares

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.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 31. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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."
Fuente: allafrica - 🏆 1. / 99 Leer más »