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Yuan Effect: Naira FINALLY Appreciates Against the Dollar....See the Current Value

Posted by George on Wed 20th Apr, 2016 - tori.ng

The recent currency swap deal between Nigeria and China seems to have taken its positive effect on the Nigerian currency as it has appreciated against the dollar.

Naira has appreciated against the dollar in the competitive black market. Naira's exchange rate to a dollar was pegged at N320 for a week but today, 20th of April, it has dropped to N317.

See a screenshot below:

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