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Asked by Kingsley on Friday February 21, 2014 at 12:26:25:

I have up to N1m in my savings account and I just want to hold it in case of emergencies. However, I'm worried that the Naira is always depreciating against the US dollars. I also have a domiciliary account and was wondering if it would be better to just save the money in that account or still saving in Naira.

Is it better that I continue saving my money in Naira or in US dollars?

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