Nigerian Naira Depreciates Against Dollar, Gains Slightly on British Pound
The Nigerian Naira lost N0.68 against the US Dollar at the official window, closing at N456.38 compared to N455.38 the previous day. However, it gained N5 against the Dollar in the parallel market, trading at N485.1.
The local currency also strengthened by N10 against the British Pound, trading at N1,980.1. The Naira remained stable against the Canadian Dollar and Euro, trading at N1,250 and N1,710 respectively.
The Central Bank of Nigeria's foreign exchange data revealed these fluctuations.
Plus234Feed summary based on reporting from Ripples Nigeria. Read the original report below.
Read full article
Continue on Ripples Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Nigerian Naira Depreciates Against Dollar at Official Window
Nigerian Naira Depreciates Against Major Currencies, Central Bank Data Shows
Nigerian Naira Marginally Depreciates Against Dollar, Gains on Pound and Euro
Nigerian Naira Depreciates Against Dollar, Gains Slightly on Other Currencies
Nigerian Naira Depreciates by 0.98 Against US Dollar at Official Window
Nigerian Naira Weakens by N2.25 Against Dollar at Official Window
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
