Naira Crumbles at the Interbank Market…See Current Value

The naira has crumbled at the interbank market with a slight improvement in the parallel market.

naira4

These are the currency exchange rates for 11/08/16 as of 10:00am as powered by Zenith Bank. The interbank market has suffered a setback with a recent fall in the value of the naira in exchange for the dollar.

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10 Comments

  1. say baba what are doing about this dollar issue mr dolapo(dollar) don our naira far behind the gap is too….. say baba. ignorance people

  2. The minister of finance and governor of central bank should come up with strategies to make naira value appreciate in the emerging market. GMB should give them this task with timelines to see positive result or appoint new people who understand the rule of the game.

  3. That is also the mistake of our leaders, politics should be game of Nigerian interest not party interest. I expected this present government when they assume power to have asked some of the hard working ministers especially the ones on economy and finance to automatically continue but instead they pursed the nation’s economy for five months, most investors left with their money. These are the results.

  4. The. Last comment is right. GMB could have allowed the previous finance minister stay on for a while
    to stabilize things. The facts currently at work in our economy were self inflicted. The hike+up by this government was unnecessary
    -resulting in Loss of FDI and LDI.

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