Naira Tumbles amidst Dollar Scarcity – Nairalaw.com
339 views, 8 views today The Nigerian naira depreciated across foreign exchange (FX) markets amidst foreign currency scarcity in the local economy. The Nigerian naira was exchanged at N451.50 on Friday at the investors’ and exporters’ foreign exchange window due to higher demand for the dollar. This translates to N5.12 depreciation in a week from N446.50, which […]