Naira exchanges at N450 to dollar /
The naira on Thursday exchanged at N450 to dollar at the parallel market as build up on dollar demand continued to rise.
Aside devaluing the naira in March, the Central Bank of Nigeria also adopted a unified exchange rate, and pushed the official rate of the naira to N376 to dollar for International Money Transfer Operators rate to banks; N377 to dollar for banks’ dollar sale to CBN and pegged CBN’s dollar sales to banks at N378.
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