Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

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Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US DollarA surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollar, a report has said. One Nigerian currency dealer said he expects the naira to further depreciate to 750 per […]

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