Reporting from the business perspective of Politics, Fashion, Sport, Event, Entertainment etc.
Thursday, 21 January 2016
Naira at 295/$
The Naira remained stable at N295 per dollar in the parallel market, yesterday, as Bureau de Change, BDC, operators await the release of modalities on how to source dollars from autonomous sources.
The Naira had appreciated on Monday to N295 per dollar from N300 per dollar on Friday in the parallel market following expectations that the CBN will sell autonomous dollars sourced from oil firms to BDCs.
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