The
naira on Thursday continued to fall against the dollar at the parallel market.
The Nigerian currency lost one point to exchange at N368, weaker than N367
posted on Wednesday, while the Pound Sterling and the Euro closed at N478 and
N432.
At the
Bureau De Change (BDC) window, the naira was sold at N363 to the dollar, while
the Pound Sterling and the Euro closed at N478 and N432. However, the naira
appreciated at the investors’ window, exchanging at N361.17 stronger than
N362.39.
Traders at the market told Newsmen that in spite of the
weekly auction of foreign exchange by the Central Bank of Nigeria (CBN) to BDC,
the naira continued to depreciate.
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