Labels

Want to Contact us?

Want to Contact Us? Send us an Email ✉
teeloadedblog@gmail.com
Whatsapp Us Via : 08130162561

LightBlog
» Uncategories » BREAKING: Naira crashes to N405 per Dollar at parallel market

BREAKING: Naira crashes to N405 per Dollar at parallel market

Unknown
Add Comment
Friday, 7 April 2017
- The Naira has crashed against the United States dollar at the parallel market

- This comes even as the Central Bank of Nigeria continues to fight market speculators and currency hoarders

- The Naira crashed to N405/$1, eight points above the previous rate of N397/$1

The Nigerian Naira on Friday, April 7, dropped N8 to crash against the United States Dollar at the parallel market despite Central Bank of Nigeria fight market speculators and currency hoarders.

According to reports, the local currency now trades at N405, eight points above the previous rate of N397.



The currency also depreciated by N5 to N425 against the Euro from the previous rate of N420 but maintained the N485 rate it traded against the Pound yesterday.

The depreciation comes hours after the Central bank of Nigeria (CBN) had intervened in the Bureau De Change (BDC) segment by selling additional $31.3 million or $10,000 to 3,135 BDCs.

Nuperunz  recalls that the apex has pumped more than $2 billion into the market to ensure convergence of all segments of the market since last month.


We appreciate you for reading Teeloadeders, but we think it will be better you like our facebook fanpage and also follow us on twitter below.
Follow @Teeloadedblog
Are you an artiste? Do you want your music to go viral and reach a large number of audience? Promote your music on TEELOADED by clicking here. You can also advertise your product or brand by clicking here.
Tweet
BREAKING: Naira crashes to N405 per Dollar at parallel market Title : BREAKING: Naira crashes to N405 per Dollar at parallel market
Description : - The Naira has crashed against the United States dollar at the parallel market - This comes even as the Central Bank of Nigeria continues t...
Rating : 5
Related Posts:

    0 Response to "BREAKING: Naira crashes to N405 per Dollar at parallel market"

    ← Newer Post Older Post ⇒ Home
    View mobile version
    Subscribe to: Post Comments (Atom)

    ADSENSE CODE HERE

    Popular Posts

    • NECO 2018 ENGLISH LANGUAGE ANSWERS
      ENGLISH OBJ 1- 10 = CDAEBDADBA 11-20 = CECDCCECDB 21-30 = DABDCBABCD 31-40 = CBCADEBEBA 41-50 = AAADAEADDC 51-60 = BDABADDCBC ...
    ADSESNSE CODE HERE

    Want to place ads on our website?

    Want to place ads on our website?

    Want to Contact us?

    Want to Contact Us? Send us an Email ✉
    teeloadedblog@gmail.com
    Whatsapp Us Via : 08130162561

    Followers

    Copyright@ 2016-2017 Teeloaded All right acclaimed . Theme images by enjoynz. Powered by Blogger.

    CONTACT US









    24reporters© | New News From Reliable Source

    LIKE UR Facebook page

    Random Posts

    Recent Posts

    Header Ads

    Contact us | Terms/Conditions | About us | Privacy Policy | Disclaimer | Sponsored Posts | Desktop View .
    Copyright © 2015 - 2018. All rights reserved. Disclaimer : Every Teeloaded member is solely responsible for anything that he/she posts or Comment on Teeloaded

    48 Users Online

    ADD ADMIN ON WHATSAPP VIA 08130162561