Yuan Effect: Naira FINALLY Appreciates Against the Dollar....See the Current Value
The
recent currency swap deal between Nigeria and China seems to have taken
its positive effect on the Nigerian currency as it has appreciated
against the dollar.
Naira has appreciated against the
dollar in the competitive black market. Naira's exchange rate to a
dollar was pegged at N320 for a week but today, 20th of April, it has
dropped to N317.
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