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On thursday 27th October 2022, the local currency the Naira continued its downward slide
While it exchanged at ₦441.67/US$1.00 at the official window, the story was not the same at the parallel market which closed the day at ₦778/US$1.00
The current P2P Forex market price is ₦771.00/US$1.00. Nigeria’s external reserves is currently US$37.52bn.
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