• Tuesday, April 23, 2024
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BusinessDay

Naira stands still in black market despite oil plunge

Naira
The naira bucked the trend of currencies of oil producers as it barely budged Monday despite oil tumbling to historic lows.
Some traders exchanged dollars for between N359-N360 per dollar.
Brent Crude, the international benchmark for oil prices was $35.24 per barrel at 11:21 GMT, having lost $10.03, and fallen by over 22.16 percent, live updates from oilprice.com show.