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Naira Continues to Slide on Both Sides of the Market...See Details

Posted by George on Fri 29th Jul, 2016 - tori.ng

The naira has continued in its free fall at the black market as well as the interbank rate which technically represents the official value.

This is the currency exchange rates for 29/07/16 as of 10:00am as powered by Zenith Bank. The flotation policy has put the fate of the naira in the hands of market forces has proved to be more detrimental following the resultant effects in recent times.

See more details in the screenshot below:

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