Tuesday, 7 April 2015

Dollar Falls

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiJ7EStZhat6A_O9PAzcnzSNx1ARiiBAD1xCjipAtLXWBYEw8jRZCwnUOa7nyGpjGxTVyIaRVcJ9MoahfMGYkiMK8eBAMetHrJwYqK1l3hNO2E8A7m71T6b3mkvJyNDLHcOZ2o-4HDWYI8/s1600/dollar+rate.jpg

Hmnnn naija and money! Bureau De Change operators in the country have attributed the fall in the dollar to release of the foreign currency by hoarders who had stored it pending the outcome of the nation’s general elections.

The dollar has fallen to N185 per $1 over the weekend  against the usual N220-N240. Some attributed the Dollar fall to the fact that political heat campaign has reduced.
Imagine what election can cause in the economy!

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