Naira Falls By 51.95% Despite CBN’s Defence Measures
LAGOS JUNE 15TH (NEWSRANGERS)-The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021, reflecting a 51.95 per cent decline despite the various foreign exchange policies introduced by the Central Bank of Nigeria to strengthen the currency. According to a monthly document obtained from the CBN’s website,…