Despite CBN Intervention, Naira Value Further Declines
Naira has suffered new setback as the currency weakens across many markets despite the conscious and concerted efforts by Central Bank of Nigeria (CBN)’s shore up the Nigerian currency at the official and parallel markets. The naira depreciated against the dollar by 0.3 per cent or N1 to N389.50/$ at the official Investors & Exporters … Read more