Home SMEs Naira Reverses Gains, Trades at N454.60k Despite CBN Interventions

Naira Reverses Gains, Trades at N454.60k Despite CBN Interventions

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External reserves rise to $29.6bn The nation’s currency on Wednesday saw its gains reversed,  closing at an average rate of N454.60k per U S dollar, from N451/$ on Tuesday at the parallel market, inspite of the intervention efforts of the Central Bank of Nigeria (CBN). BusinessDay investigations revealed that the dollar was sold at N453…

via Business Day

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