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Nigerian Naira Gloriously Drop Against Dollar In Parallel Market And In Bank


For Almost 2 years now, the Nigerian Naira has enormously been in the worst rate against dollars more than it has ever done.

The economy went so bad that some citizens were really complaining of how expensive thing are in the market. School Fees went high, bread, milk, tea, sugar, onion, and the rest of them, even Fufu, garri and red oil were expensive.

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Well, I suggest Nigerians should put a little smile on their faces because the government efforts on the parallel Market is really taking an effective move.

As at last month, the rate was at N550 per $1 but today it finally dropped by 150 making it N380 per $1 parallel market and then N306.75 bank rate.

The Government have just pushed in an amount worth millions of dollars into the economic not up to 5 days ago and it is really working as planned.

This rate is really nice but still need more adjustments. Hopefully, before the end of next week, it will eventually drop below N350 parallel markets and N250 bank rate.

Nigerian Naira Gloriously Drop Against Dollar In Parallel Market And In Bank Nigerian Naira Gloriously Drop Against Dollar In Parallel Market And In Bank Reviewed by okpala Precious on March 22, 2017 Rating: 5

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