Central Bank of Nigeria (CBN) has commenced investigations into the persistent depreciation of the naira in the parallel market. The naira has depreciated by N42 in the parallel market since Tuesday June 28, when the apex bank, banned 41 items from the foreign exchange market. From N220 per dollar as at June 28, the parallel market exchange rate rose to N242 as at Thursday The post CBN investigates naira depreciation in parallel market appeared first on Adusmichael.blogspot.com
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