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It's unreasonable to expect foreign exchange rate to equal parallel market, Finance Minister tells NASS

Published by Vanguard on Mon, 22 Feb 2021


THE Federal Government yesterday told the National Assembly that it will be unreasonable to expect the foreign exchange rate of naira per dollar to equal that of the parallel market, just as it said that in response to the developments affecting the supply of foreign exchange to the economy, the Central Bank of Nigeria, CBN adjusted the official exchange rate recently to N360 per US$1.The post Its unreasonable to expect foreign exchange rate to equal parallel market, Finance Minister tells NASS appeared first on Vanguard News.
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