Nigeria’s foreign exchange market was tension-soaked yesterday, as the
Naira raced towards N500/USD1. It closed at N490/ USD1 in the parallel
market, with dealers expecting further rise today to hit the dreaded N500
mark.
The post Naira heads towards N500/USD; Morgan Stanley warns against controls
appeared first on Vanguard News.
Naira heads towards N500/USD; Morgan Stanley warns against controls
![Naira heads towards N500/USD; Morgan Stanley warns against controls]()
Reviewed by
Unknown
on
Thursday, September 29, 2016
Rating:
5
No comments: