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The naira on Tuesday traded at the same rate of N1,339.33 to a dollar at the official market.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, (NAFEM) revealed that the naira remained static.
This indicated that the local currency neither gained nor lost value as it exchanged for the same rate of N1,339.33 to the dollar on Monday and Tuesday.
Meanwhile, at the Investor’s and Exporter’s window, the naira traded between N1,506.00 and N1,150.00 against the dollar.
South Africans are set to vote in the most pivotal election since the racist system of apartheid ended in 1994. More than 27 million people are registered to cast their ballots in a poll that highlights growing political fragmentation after 30 years of democracy. A record of 70 parties and 11 independents are contesting an election that will see South Africans vote for a new parliament, and nine provincial legislatures. […]
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