Naira fell N17.00 to N522 within a day of the CBN decision.
Naira fell significantly against the U.S. dollar at the parallel market on Wednesday noon, a day after theThe local unit, which opened at today’s trading session at N505 per $1, is currently trading at N522 to a dollar at the parallel market segment, data from abokiFX.com, a website that collates parallel rates in Lagos showed.
The CBN governor, Godwin Emefiele, had announced Tuesday that it has stopped the sales of forex to Bureau De Change operators.
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