Exchange Rate Further Falls As CBN Devalues Naira To 500/$1 - Business - Nairaland
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Naira Maintains Steady Falls As Speculators Scoop Dollars / Banks Dollar Sale Falls As Naira Weakens To 1,479/Dollar / CBN Devalues Naira To 630/$1 (2) (3) (4)
| Exchange Rate Further Falls As CBN Devalues Naira To 500/$1 by ReportNigeria(m): 9:15am On Aug 27, 2020 |
FOLLOWING the directive by the Central Bank of Nigeria’s (CBN) to authorized dealers to only open Forms M (a mandatory statutory document to be completed by all importers in Nigeria) for payments in favour of the ultimate supplier of the product or service, with immediate effect, signs have emerged that this will shrink extra source of dollar supply to the parallel market and push the exchange rate to N500/US$. Read more: https://report.ng/exchange-rate-further-falls-as-cbn-devalues-naira-to-500-1/ |
| Re: Exchange Rate Further Falls As CBN Devalues Naira To 500/$1 by daddytime(m): 9:15am On Aug 27, 2020 |
It is finished. |
| Re: Exchange Rate Further Falls As CBN Devalues Naira To 500/$1 by lomprico(m): 9:31am On Aug 27, 2020 |
ò ga ó! |
| Re: Exchange Rate Further Falls As CBN Devalues Naira To 500/$1 by mymadam(m): 9:39am On Aug 27, 2020 |
| Re: Exchange Rate Further Falls As CBN Devalues Naira To 500/$1 by samuelgodson(m): 10:08am On Aug 27, 2020 |
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