Naira Drops To N173/$1 Despite CBN Intervention

November 18, 2014 |

The value of the naira dropped by 1.21 per cent to N173.20 to the dollar on the interbank market yesterday despite the intervention of the Central Bank of Nigeria (CBN). The CBN has been intervening at the foreign exchange market asides its twice weekly Retail Dutch Auctions which holds on Mondays and Wednesdays as part […]

Category: Business

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