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Home » Blog » Naira falls to N370/$ in parallel market on sliding oil prices  
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Naira falls to N370/$ in parallel market on sliding oil prices  

Last updated: November 30, 2018 4:52 am
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The outlook for naira dimmed yesterday as analysts anticipate pressure on the local currency in the medium term due to falling oil prices amid sustained demand for U.S. dollars by end users. Naira eased one percent to 370 per dollar on the black market on Thursday, traders said, citing a shortage of dollars. The price…

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