Tag: Naira Appreciation
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Currency Experts, Analysts Give Reasons for Naira Depreciation by 23% in 4 Days
Vanguard News A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent against the dollar, thus recording the worst weekly performance of the Naira since…