Naira falls, N335 to 1 dollar

The naira on Friday exchanged at N335 to the
dollar as the scarcity of the greenback worsened
at the parallel market.
The News Agency of Nigeria reports that the
naira lost N10 to exchange at N335 to the dollar,
a depreciation of three per cent. the official Central Bank of Nigeria
exchange rate remained at N197 to the dollar.
Traders at the market expressed worry at the
increasing shortage of the greenback and urged
the government to take immediate steps to stem
the tide.

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