Naira and dollar

Naira and dollar

 

Following days of instability, the naira has rallied to remain stable against the dollar, closing at N475/$1 at the parallel market on Monday, December 14, 2020.

 

Also at the NAFEX window, the naira remained stable against the dollar to close at N394/$1 during intra-day trading on Monday, December 14.

 

The World Bank had said that steps taken by Nigeria to unify its multiple exchange rates have not been enough according to Bloomberg.

 

 

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