Bad News! Naira Continues a Free Fall in the Black Market

Posted by George on Tue 10th May, 2016 - tori.ng

The Nigerian currency has dropped in value in exchange for the dollar at the black market on the second day running.

The value of the naira may not be improving soonest as anticipated due to another round of setback in the parallel market.
 
The naira which exchange for a dollar at the rate of N319 yesterday has dropped slightly to N320 today, 10th of May, 2016.
 
See screenshot below:
 
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