N500/$1: Naira Crashes to Record Low Against Dollar




The Naira exchanged N500/$1 at the parallel market on Friday, November 27, 2020, to see it crash to an all time low, according to Nairametrics.

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This comes as Forex turnover dropped by 52.2%.

However, the Naira’s exchange rate at the NAFEX window appreciated against the dollar to close at N390.25/$1 during intra-day trading on Friday, November 27.



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