Article

Interbank trading briefly suspended as Naira crashes to 206 against dollar

by Kolapo Olapoju

Earlier today, trading was briefly suspended for the second day in a row at the Interbank market.

The market hit its limit of N204.10, as naira nosedived further..

As a result of the above-limit mark, the circuit breaker was triggered, which consequently led to a closure for about an hour on all 2-way deals.

At the resumption of the Interbank market, the Nigerian currency began trading at N206.35 per US dollar.

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