Monday, 20 June 2016

NIGERIAN NAIRA QUOTED AT 253/$ AS INTERBANK MARKET OPENS

Great news! Nigeria's naira was quoted at 253 against the U.S. dollar as a new interbank market opened on Monday.

Nigeria's central bank said last week it would scrap its fixed exchange system which has seen the currency pegged at 197 to the U.S. dollar for the past 16 months.
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