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Naira falls as CBN directs banks to submit bids

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Naira yesterday fell against the dollar at the autonomous market by N3 or 0.87 percent, as the Central Bank of Nigeria (CBN) directed banks to submit bids for FX at N197/$. It closed at N348 against dollar compared with N345/$ the previous day. At the parallel market, it weakened by N1 or 0.29 percent to…

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