LAGOS, March 28 Nigeria's central bank has set a
new naira rate of 362 for the country's retail exchange bureaus
to sell dollars to consumers, the head of the bureau association
told Reuters on Tuesday.
Nigeria has at least five exchange rates -- the official
one, the black market, a rate for Muslim pilgrims going to Saudi
Arabia, a retail rate set by exchange bureaus and a rate for
foreign travel, school and medical fees.
(Reporting by Oludare Mayowa; Writing by Chijioke Ohuocha;
editing by John Stonestreet)