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Naira loses N27.12 against US dollar in two days despite $55.16bn external reserves

Naira loses N27.12 against US dollar in two days despite $55.16bn external reserves
Photo: Daily Post Nigeria · view original

The naira recorded a significant loss of N27.12 against the United States dollar in two days at the official foreign exchange market. Central Bank of Nigeria, CBN, data for Thursday and Friday showed that the naira depreciated to N1,361.84 per dollar on Friday from N1,334.72 traded on Wednesday....

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