L
LequteMan
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The Nigerian Naira at the close of business on Wednesday depreciated further against the dollar on the parallel market.
The currency exchanged at N357 to the greenback, four units down from the N354 it traded on Monday. On Tuesday, it fell to N356 per dollar.
However, the currency closed at N283.42 per dollar at the official window.
The recent depreciation is blamed on dollar scarcity due to people hoarding the greenback.
News Agency of Nigeria
The currency exchanged at N357 to the greenback, four units down from the N354 it traded on Monday. On Tuesday, it fell to N356 per dollar.
However, the currency closed at N283.42 per dollar at the official window.
The recent depreciation is blamed on dollar scarcity due to people hoarding the greenback.
News Agency of Nigeria