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Naira Suffers Setback Again Despite Yuan Effect...See Current Value
Posted by George on Thu 21st Apr, 2016 - tori.ngThe naira has suffered a significant setback in the black market despite its resurgence yesterday against the dollar at the black market.
The value of naira has dropped again in the unstable black market. It would be recalled that the naira exhanged with the dollar at the rate of N317 spreading rumours that President Muhammadu Buhari's financial deal with Chinese to internationalize the usage of the Chinese currency, Yuan was taking effect.
The value of the Nigerian currency has again dropped to N319 today, 21st of April.
See screenshot below:
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