The
Naira on Tuesday weakened marginally against the dollar at the parallel market
in Lagos, the News Agency of Nigeria (NAN) reports.
The
Nigerian currency lost 50 kobo to exchange at N360 to the dollar, weaker than
N359.5 traded on Monday, while the Pound Sterling and the Euro closed at N480
and N420, respectively.
At
the Bureau De Change (BDC) window, the naira was sold at N360 to the dollar,
while the Pound Sterling and the Euro closed at N480 and N420, respectively.
Trading
at the investor’ window saw the naira close at N361. 13, with a transaction of
N252.92 million, while the naira traded at N305.80 at the CBN window.
Traders
at the market said though the Naira lost 50 kobo to the dollar, it was still
trading within the N360 band approved officially for banks and BDCs.
- NAN
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