Naira sees sharp fall after CBN interest rate hike
Naira plummeted to N735/$1 at the black market on Thursday, a 2.8 per cent devaluation from N715.00 it exchanged hands ...
Naira plummeted to N735/$1 at the black market on Thursday, a 2.8 per cent devaluation from N715.00 it exchanged hands ...
The domestic currency recorded a 0.10 per cent devaluation against the U.S. dollar at the Nafex window on Tuesday.
The currency closed at N416.26 to a dollar at the close of trade on Monday.
CBN governors says SSS has acted within its right.
Experts expressed divergent views on the clampdown.
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