Exchange rate drops to ₦1,604/$1 in official market

From Adanna Nnamani, Abuja The naira weakened to ₦1,604.00 per US dollar in the official Nigerian Foreign Exchange Market (NFEM) on Tuesday, April 15, down from ₦1,599.00 on Monday, according to Central Bank of Nigeria (CBN) data. It also fell against the British pound, trading at N2,115.25. In the parallel market, the naira dropped to [...]The post Exchange rate drops to ₦1,604/$1 in official market appeared first on The Sun Nigeria.

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