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Read More »Naira drops N26 to N1,611/$1 on official exchange
The naira fell against the US dollar on the official exchange on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency fell by N26 to trade at N1,611/$1, lower than the N1,585/$1 it traded at the previous day. The intraday high and low prices recorded on the day were N1,625/$1 and N1,540/$1 respectively, indicating a …
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