The Nigeria’s currency, Naira, slipped at the parallel market as it exchanged at N460 to one dollar as of the close of work on Monday, October 19, 2020. This came as country’s external reserves which stood at $35.75 billion as of October 02 lost $78.34 million to close at $35.67 billion as of October 16. The naira had exchanged to the dollar on Friday for 458/$. This is as the country’s external reserves continued to maintain its downward trend. Figures obtained from the Central Bank of Nigeria revealed that…
Read MoreNaira Slips, Trades N460 to $1 at Parallel Market
