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Massive job cut looms as dollar hits N590, forex scarcity bites harder

national-economies, fed-gov, central-bank, unemployment, inflation, statistics, tagged-by-joe, macroecons

SecGen 23 March 2022 10:54 1

Massive job cut looms as dollar hits N590, forex scarcity bites harder

Punch Newspapers – 23 Mar 22

Massive job cut looms as dollar hits N590, forex scarcity bites harder

The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1, The PUNCH has learnt.

Est. reading time: 5 minutes

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