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Naira Falls By N10, Drops To 480/Dollar

The Naira has weakened against the dollar by N10 in the parallel market since the beginning of the week.

On Friday it fell to 480/dollar as against the Monday rate of 470/dollar.

The Naira also fell against the British Pound in the parallel market to 620/pound, although New National Star reported on Thursday that it stood at 607/pound. The Naira to  Euro rate was 570/euro.

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