CBN’s fixed exchange rate for BDCs not sustainable as Naira falls to N445
By The Central Bank of Nigeria (CBN)’s fixed exchange rate of N386 per dollar may not be sustainable as Naira fell to N445 at the weekend from N440 on Friday morning. With the current rate, Naira is losing N5 per dollar. While the dollar was trading at N445 in Apapa and Eko hotel, it was selling…
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