Tag: 700 against dollar in black market

Naira crashes to N1,700 against dollar in black market

Oct 11, 2024

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by

Olumide Akinrinlola

in Market

The naira depreciated against the dollar at the foreign exchange market to end the week on a negative note. FMDQ data showed that the naira weakened to N1641.27 per dollar on Friday from N1622.57 exchanged on Thursday, recording N18.7 loss. Meanwhile, the black market remained flat at N1700 per dollar on Friday, the same exchange…