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1000Reasons

Reason #595 of 1201 · ECONOMY

Reason
#595
Category
ECONOMY

Bloomberg reported the naira fell to a record low against the dollar in late January 2024, moving closer to the parallel-market rate after the official devaluation.

Bloomberg, January 2024

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Source

Bloomberg, January 2024

https://www.bloomberg.com/news/articles/2024-01-30/usd-ngn-naira-devaluation-sees-nigeria-s-currency-plunge-to-record

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