Exchange rate dollar to naira crashed to a lower rate of 413 Nigerian Naira to 1 American Dollar on Monday, August 29. According to economic reports, the exchange rate dollar to naira might hit even low to 420 against the USD this week if the pressure on local currency is not reduced. It was reported that the Bureau de change traders are now finding it difficult to access their forex accounts and get the supply of dollar, as a result of the suspension of 9 commercial lenders from the exchange......Click to See more
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