Home » Politics » History made as Naira crashes to 800 per dollar

Share This Post

Politics

History made as Naira crashes to 800 per dollar

By wazup on Comments Closed / 112 views
History made as Naira crashes to 800 per dollar

The Naira is currently trading at 800 against the dollar according to some exchange platforms.

Checks made by Peoples Gazette on Saturday revealed that the current parallel market rate is N800 to a dollar and N890 to British pound sterling.

.u854da5b1048c3c431e1c67db0b8b851a { padding:0px; margin: 0; padding-top:1em!important; padding-bottom:1em!important; width:100%; display: block; font-weight:bold; background-color:inherit; border:0!important; border-left:4px solid #16A085!important; box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -moz-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -o-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); -webkit-box-shadow: 0 1px 2px rgba(0, 0, 0, 0.17); text-decoration:none; } .u854da5b1048c3c431e1c67db0b8b851a:active, .u854da5b1048c3c431e1c67db0b8b851a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; text-decoration:none; } .u854da5b1048c3c431e1c67db0b8b851a { transition: background-color 250ms; webkit-transition: background-color 250ms; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; } .u854da5b1048c3c431e1c67db0b8b851a .ctaText { font-weight:bold; color:inherit; text-decoration:none; font-size: 16px; } .u854da5b1048c3c431e1c67db0b8b851a .postTitle { color:#16A085; text-decoration: underline!important; font-size: 16px; } .u854da5b1048c3c431e1c67db0b8b851a:hover .postTitle { text-decoration: underline!important; }
READ ALSO  UK evacuation reschedule : FG releases press statement

The free fall continues as the ban on Bureau the Change operators remain in place and the CBN announced plans to redesign the country’s currency in response to the country’s economic woes.

The governor of the central bank, Godwin Emefiele, announced on Wednesday that new naira notes would be issued by December 15.
Mr Emefiele stated that the move, which has since been approved Mr Buhari and other stakeholders, was certain to boost the value of the naira

REGISTER TO JOIN NAIJABLOG FREE BLOGGING PLATFORM

NaijaBlog.ng

Share This Post

Related Articles

Tagged: , , , ,

Viewing 1 post (of 1 total)
  • Author
    Posts
  • October 30, 2022 at 4:00 am #431328
    wazup
    Keymaster

    Tweet Tweet Share Whatsapp reddit The Naira is currently trading at 800 against the dollar according to some exchange platforms. Checks made by People
    [See the full post at: History made as Naira crashes to 800 per dollar]

  • Author
    Posts
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.