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Nigerian naira on Thursday depreciated by 0.44 per cent to close at 457 to a dollar at the parallel market.

The currency also crashed against the British pound and Euro to 540 and 475.

At the Bureau De Change window, the Naira was sold at N399 to a dollar, the Central Bank of Nigeria-controlled rate, while the Pound Sterling and the Euro closed at N610 and N500 respectively.

nairadollar.jpe

At the interbank window, the Naira closed at N305.25 to a dollar on Thursday.

Traders at the market urged the CBN to sustain the gains of the new policy by boosting liquidity at the market.
 
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