N410.25 to dollar exchange rate has been made official by the Central Bank of Nigeria, CBN.
The CBN officially adopted the Nigerian autonomous foreign exchange (NAFEX) rate — weakening the naira by 8 percent to N410.25/$1.
CBN also updated its website to reflect the new rate just two weeks after the removal of the official exchange rate of N379 to a dollar from its website in a bid to unify the country’s forex (FX) rates.
This implies that the nation’s official exchange rate will be determined by NAFEX rate or the importer and exporter (I&E) FX window.
SEE HOW TO MAKE MONEY ON THIS PLATFORM>>[http://bit.ly/2PvYHfC]
Donate to support Freshreporters=>https://freshreporters.com/support
For publication of your news content, articles, videos or any other news worthy materials, please send a mail to thefreshrepo [email protected]
For Advert and other info, you can send a WhatsApp Message to +2347050565443
Join thousands of readers to receive daily Latest News:
PROMO SALES!!! Get cheap WRISTWATCH, SHADES & BRACELET collections😘💃