….Naira has dropped to all-time low against dollar.
It has been reported that Nigeria’s currency, Naira, extended its decline on Monday, September 27, sliding to an all-time low of N580 against the United States dollar at the parallel market otherwise known as the black market.
This online news platform understands that the massive drop of the Naira in the black market on Monday, is coming a week and a few days after the Central Bank of Nigeria (CBN) accused abokiFX of being responsible for the sliding of naira against dollar at the parallel market (black market).
AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014.
At the time AbokiFX was accused of being responsible for the slide of the Naira against dollar at the parallel market (black market), the dollar to naira exchange rate was N570 per $1 at the black market.
AMILOADED reports that the naira exchanged to the dollar at 580 on Monday
after it closed with the same rate on Friday, September 24, while the Pound Sterling traded for 780 at the black market.
However, at the I&E forex window, the naira appreciated a bit to 413.30 on Monday, September 27, 2021, according to the data posted on Monday on the FMDQ Security Exchange where forex is officially traded after reached a high of 415.20 to close at 414.90 on Friday, September 24.
Meanwhile, Newsone reports that the official website of the Central Bank of Nigeria’s licensed Bureau De Change operators.
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