Naira Recovers Again at the Black Market…See Current Value

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The Nigerian currency has continued to recover in the black market against the dollar thereby raising the hopes of a proportional reduction in the inflationary trend.

naira45

These are the currency exchange rates for today, October 19, 2016, powered by Zenith Bank. The naira which exchanged for N455 yesterday has improved slightly to N453 in the parallel market which can be attributed to the introduction of Travelex by the Central Bank of Nigeria.

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