Check Out the Current Value of the Naira Despite the Yuan Effect
Posted by George on Tue 19th Apr, 2016 - tori.ng
Despite the currency swap deal signed between Nigeria and China, the value of the dollar in the parallel market has remained unshaken since the start of the week.
The naira has continued to exchange for N320 to a dollar at the competitive and unstable black market in Nigeria. Financial analysts have predicted that the Chinese Yuan will help ease the burden on the dollar.