Naira Extends Drop From Record as Black-Market Dollar Rate Soars
(Bloomberg) -- The Nigerian naira extended its slump in black-market trading as the nation’s dollar shortage deepened two months after the central bank moved to a more flexible exchange rate to encourage inflows. Most Read from BloombergRetirees Face $17,400 Cut to Social Security Benefits in 2033Ecuador Presidential Candidate Assassinated, Suspect Shot DeadFirst American City to Tame Inflation Owes Its Success to Affordable HousingEveryone Wants to Work at UPS After Teamsters DealOnce As...
Bloomberg Businessweek Anthony Osae Brown Umar Salisu Securities Exchange Exchange Rate Nigerian Naira
Source: yahoo.com