Over the past few years, a growing number of savvy investors are putting their money into vehicles that offer exposure to low-risk dollar assets.
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Zimbabwean teachers will commence strike on Tuesday to press for US dollar-denominated salaries following the failure of talks with the government.
The Naira on Thursday appreciated further against the dollar at the investors’ window, exchanging at N362.78, stronger than N363.10 posted on Wednesday.
Olukolu said in a statement made available to newsmen in Gombe that the suspects were arrested with 60 pieces of fake 100 US dollar notes.
However, it was sold at N363 to the dollar at the parallel market, while the Pound Sterling and the Euro closed at N505 and N442 respectively.