Naira slides to N474 per dollar

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THE naira  yesterday slid to yet a new slump by exchanging to N474 to the dollar in the parallel market.

  The naira which recorded slight improvement in recent days closed at the Importer and Exporter foreign exchange window at N394.6/$.

  However, Central Bank of Nigeria (CBN) retained the official exchange rate at N379/$ according to its website.

  Bureau De Change (BDC) operators had attributed fluctuations the naira is currently experiencing to speculative activities of some operators.

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