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HomeBankingNaira falls in official market

Naira falls in official market

The official inter bank rate of the Naira has fallen to a record N375.50 to a dollar, Reuters news agency is reporting.

Reuters recalled that the currency had briefly touched the N365 mark on the 18th of August, but quickly recovered by moving to N324 to a dollar.

It added that theere was no immidiate official explanation for the fall in the official value of the currency on Tuesday.

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