The Naira lost N1.50 to the Dollar as it was traded at N225.5 to the dollar on Monday afternoon. This is against the N224 to the Dollar recorded last Friday.
Meanwhile, the official interbank rate also dropped by 0.05 to N196.95 to the dollar. Traders at the parallel market attributed the depreciation of the Naira at the market to insufficient quantity of Dollars at the market.
Y money no go depreciate. Upon all what they hav caused. It will take time to get over all these.
ReplyDeleteWhat who cause...be specific
DeleteOK, it will be stable sooner
ReplyDeleteIt will become good soon
ReplyDeleteAm not suprise ,,we focuse on oil,,n its losing its global price ....until the govt begin 2 look onwards aside from crude oil,,if not...am afraid...na d poor masses go the suffer the more...
ReplyDeleteNigeria is super rich in other natural resources, they had better find a solution to ds
ReplyDeleteHope de APC people don't forget their promise abut this issue befor de election I am still waiting o
ReplyDeleteA bleeding wound will surely take time to cure.
ReplyDelete