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  1. Today's Naira Rate[14-06-2014]: Nigerian Naira Falls to N1,485/$ in FX Markets

    Nigeria Today's Naira Rate[14-06-2014]: Nigerian Naira Falls to N1,485/$ in FX Markets

    Nigerian naira depreciates in both parallel and official foreign exchange markets, impacting rates quoted by Bureau de change operators and FMDQ Exchange. Fitch Ratings projects further decline to N1,450/$ by year-end, contingent on ongoing FX reforms and reduced volatility expectations by Q3...
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