Pothireddy SushmithaDec 27, 2021 · 3 years ago5 answers What factors contribute to the fluctuation of the Canadian dollar to Naira exchange rate in the black market?
What are the main factors that cause the exchange rate between the Canadian dollar and Naira to fluctuate in the black market? How do these factors impact the exchange rate? Are there any specific events or economic indicators that have a significant influence on the exchange rate? How does the black market differ from the official exchange rate? What role do supply and demand dynamics play in determining the exchange rate in the black market?