Naira loses further at black market | Premium Times Nigeria

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Naira loses further at black market

Naira fell against the U.S. dollar at the Investors & Exporters window of the foreign exchange market on Friday, data from the FMDQ Security Exchange where forex is officially traded showed.Naira closed at N410.00 at the trading session of the I&E window on Friday, a N1.00 or 0.25 per cent devaluation from N409.00 it closed at the previous session on Thursday.

The depreciation of the local unit occured as turnover dipped by 66.75 per cent, with $63.88 million recorded as against the $192.11 million posted on Thursday.

 

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Shebi, we would have use Bitcoin as a wedge, to reduce the pressure of dollar on nairaa

What else were you expecting when y’all are driven by inferiority complex and curious choices? Buy local to grow the Naira. It’s not rocket science!

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