nigerian currency decline
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![Today's Naira Rate[29-07-2014]: Naira Plummets Further, Hits N1,611.40 per Dollar Despite CBN Intervention](/data/attachments/206/206658-3c44473101cfdb95816e4fca0635f7db.jpg?hash=PERHMQHP25)
Nigeria Today's Naira Rate[29-07-2014]: Naira Plummets Further, Hits N1,611.40 per Dollar Despite CBN Intervention
The naira continues to fall against the dollar, with official rates dropping to N1,611.40 and black market rates to N1,600. Despite the Central Bank's $148 million intervention, the naira's value has declined, sparking concerns and calls for economic reforms to stabilize Nigeria's currency. The...- Nigeria News
- Article
- 2 min read
- central bank of nigeria naira depreciation naira to dollar exchange rate nigerian currency decline
- Category: Business
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