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NairaWatch: Naira plunges against dollar at parallel market despite CBN’s new policy

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NairaWatch: Naira plunges against dollar at parallel market despite CBN’s new policy

The exchange rate between Nigeria’s Naira and United States’ dollar as at today, Tuesday, March 9, stands at ₦482/$1 in the parallel market while the official rate of the Central Bank of Nigeria (CBN) stands at N379/$. NairaWatch can report that the exchange rate on Monday, March 8, closed at ₦480/US$1 in the parallel market and
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