Economy
Aboki Rate: Latest US Dollar To Naira Black Market Rates Today, 28th July, 2022
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Black market dollar to naira exchange rate today 28 July 2022 can be accessed below.
THE NATION REPORTERS reports that on the black market, the players buy a dollar for N700 and sell for N710 on Thursday morning, July 28, 2022, after they bought N700 and sold for N710 on Wednesday, 27 July 2022.
Meanwhile, the USD started this week at ₦658 in Parallel Market also known as Black Market on Monday, 25 July 2022, in Lagos Nigeria, after it opened at ₦625 last week Monday, 18 July 2022.
IMPORTANT NOTE: Please note that the exchange rate changes hourly.… it depends on the volume of dollars available and the Demands. What it means is that…you can buy or sell 1 dollar at ₦710 and the price can change (high or low) within hours.
Even though the dollar to naira opened in the parallel market at ₦710 per $1 today, the Central Bank of Nigeria (CBN) does not recognise the parallel market otherwise known as the black market. The apex bank has therefore directed anyone who requires forex to approach their bank, insisting that the I&E window is the only known exchange.
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