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Naira Now N208 To A Dollar!

The Central Bank of Nigeria in November 2014 devalued the Naira to N168 to the dollar but this Fiscal policy did not seem to work out as the Naira depreciated against the dollar today!

The Naira was traded at N208 to a Dollar today from the N191.50 it sold for on Monday, Jan. 19. 

This means the naira has lost N16.50 within five days. 

However, the CBN's website put the Naira against the dollar at N167.50, while the Pound sold for N253.20 and the Euro still at N193.89S. 

The Pound Sterling and the Euro rates could not be ascertained at the Black Market.

Follow @mridontryblogs and @hollamooy for more news..

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