Friday, September 29, 2023

Video - Naira plunges to record low against U.S. dollar

The Nigerian currency Naira weakened to record low against the U.S. dollar this week, falling to 1,000 Naira per dollar on the parallel market, 29 percent weaker than the official rate of 775.37 per dollar. So, how much is the uncertainty at the CBN driving the Naira's performance in comparison to other economic fundamentals? 


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