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Nigeria’s naira falls to record low as traders track Central Bank’s dollar sale

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Naira to dollar

Nigeria’s currency the Naira has fallen to the lowest on record after traders adjusted prices to reflect the rate Central Bank of Nigeria sold the currency amid a lack of dollar supply in the authorized foreign-exchange market. The naira retreated 1.6% to 426.26 a dollar as of 3.30 p.m. local time Thursday on the investors […]

read more Nigeria’s naira falls to record low as traders track Central Bank’s dollar sale

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