ABUJA, Nov 30 (Reuters) - The Nigerian naira hit 500 per
dollar on the black market on Monday to fall to a more than
three-and-half-year low, traders said.
The central bank weakened the naira to 390 per dollar for
exchange bureaux mostly patronised by individuals, in an attempt
to ease pressure on the currency, which has hit new lows on the
black market as dollar scarcity squeezes the
economy.