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Naira gains, exchanges for N565/$1 at parallel market | TheCable

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The Nigerian naira gained marginally against the US dollar at the parallel market on Wednesday to trade at N565 per dollar.

December 22, 2021 3:56 PM

The CBN has consistently maintained that the parallel market represented less than one percent of foreign exchange transactions and should never be used to determine Nigeria’s naira/dollar exchange rate.

 

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