L
LequteMan
Guest
The Nigerian naira at the close of business on Thursday exchanged close to 400 per dollar.
According to PUNCH, the currency fell to 391 per dollar. Business Day repported that it's hit the 400 mark.
The fall is due to the continued scarcity of the dollar at the parallel market. Reports say there's hysteria as people with dollars don't want to sell and people who'll need the greenback in months are already looking to buy at the moment.
Bureaux De Change operators in Marina, Ikeja and Apapa and Abuja told our correspondent on Thursday that there were no signs yet that the rising demand for forex especially.
According to PUNCH, the currency fell to 391 per dollar. Business Day repported that it's hit the 400 mark.
The fall is due to the continued scarcity of the dollar at the parallel market. Reports say there's hysteria as people with dollars don't want to sell and people who'll need the greenback in months are already looking to buy at the moment.
Bureaux De Change operators in Marina, Ikeja and Apapa and Abuja told our correspondent on Thursday that there were no signs yet that the rising demand for forex especially.
