Tuesday, 21 February 2017

FG reportedly plans to further devalue the Naira as exchange rate now N520 to $1

The Federal government reportedly
has plans to further devalue the
Naira, this is accoridng toSahara
Reporters. This morning the
exchange rate went all time low to
N520 to $1.
Recall that in May 2016, President
Buhari succumbed to pressure to
devalue the Naira after many
months of insisting he would not
because he believes devaluation
would further kill the Naira.

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