9iceunity » Forum | Naira Falls To Record N335 to Dollar at Parallel Market

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Forum » NAIJA NEWS LIFESTYLE | GIST
Naira Falls To Record N335 to Dollar at Parallel Market
Views: 669  |  Comments: 0 |  Posted: 06:42 Fri, 12 Feb 2016
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Posted on: 06:42 Fri, 12 Feb 2016



The naira on Friday exchanged at N335 to the dollar as the scarcity of the green back
worsened at the parallel market.

The News Agency of Nigeria reports that the
naira lost N10 to exchange at N335 to the
dollar, a depreciation of three per cent.
It previously traded at N325 to the dollar.

Meanwhile, the official Central Bank of Nigeria
exchange rate remained at N197 to the dollar.

Traders at the market expressed worry at the increasing shortage of the greenback and urged the government to take immediate steps to stem the tide.
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