Again, Naira Crashes to a New Low As More BDCs go Underground

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jamesany ❚ 8 years ago❚

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Again, Naira Crashes to a New Low As More BDCs go Underground

The Naira has depreciated further to N484 per dollar at the parallel market, IGBERE TV can report this Friday, December 2.

The currency weakened from N480 to N482, then further down to N484/$1 at the black market on Friday afternoon.

The local currency also crashed to N590 to a Pound from N585 and N510 for the Euro from N500.

naira211 naira-chart

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jamesany

Emeh James Anyalekwa, is a Seasoned Journalist, scriptwriter, Movie producer/Director and Showbiz consultant. He is the founder and CEO of the multi Media conglomerate, CANDY VILLE, specializing in Entertainment, Events, Prints and Productions. He is currently a Special Assistant (Media) to the Former Governor of Abia State and Chairman Slok Group, Dr. Orji Uzor Kalu. Anyalekwa is also the National President, Online Media Practitioners Association of Nigeria (OMPAN) https://web.facebook.com/emehjames