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The naira exchange rate on Friday recorded loses at the inter-bank market by climbing to N319.75 to a dollar as against N316.13 on Thursday as the market continued to find its path of price discovery.
On the other hand, the parallel market rate of the naira remain unchanged as it closed at N378 to a dollar.
The naira opened the day's trading at N315.25 to the United States Dollar with a high trading rate of the day N320.50.
The currency also closed with N357 and N424 to a Euro and pound respectively at the bank rate.
Naira Watch: Tracking Nigeria's Currency [Day 26]
Thursday - Closed: 316.13
Today Open: N315.25
High Rate: N312.50
Low: N315.25
Related: How The New CBN Interest Rate Will Affect Every Nigerians
On the other hand, the parallel market rate of the naira remain unchanged as it closed at N378 to a dollar.
The naira opened the day's trading at N315.25 to the United States Dollar with a high trading rate of the day N320.50.
The currency also closed with N357 and N424 to a Euro and pound respectively at the bank rate.
Naira Watch: Tracking Nigeria's Currency [Day 26]
Thursday - Closed: 316.13
Today Open: N315.25
High Rate: N312.50
Low: N315.25
Related: How The New CBN Interest Rate Will Affect Every Nigerians