Naira down 1.2% against dollar on black market -traders

The naira eased 1.2 percent against the dollar on the black market on Tuesday despite the central banks attempt to improve dollar supply and prop up the local unit. On Monday, the bank auctioned $100 million in forwards to be settled between one week and 30 days time, as against 60-day contracts it had written []The post Naira down 1.2% against dollar on black market -traders appeared first on BusinessDay : News you can trust.
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