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Naira: Is official rate catching up with parallel market?

The gap between the official and parallel market rates of the naira narrowed significantly on Monday, October 30, but it’s the direction of the movement that is the story. An unusual one-day depreciation of the naira on the official market left many analysts guessing as to what that could mean in the struggle to save…
Abuja Federal Capital Territory Nigeria General Bola Tinubu Yemi Cardoso Davidm Smick Alan Greenspan

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