P
ProfRem
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The naira Wednesday down slightly at the inter-bank market closing atN315.05 as against its closing rate last Tuesday of N314.13 to a dollar.
The currency has been under a persistent pressure as dollar scarcity continues to weigh on the local currency at both the parallel and interbank forex markets.
Meanwhile, the Nigerian Naira crashed to N390 per dollar on the Parallel Market on Wednesday. The currency had dropped to N382 per dollar on Monday, a slight depreciation from Friday's N380.
Naira Watch: Tracking Nigeria's Currency [Day 29]
Tuesday- Closed: 314.13
Today Open: N320
High Rate: N320
Low: N308.25
Recommended: CBN Approves 3 Firms for Money Transfers to Nigeria, Blocks Others
The currency has been under a persistent pressure as dollar scarcity continues to weigh on the local currency at both the parallel and interbank forex markets.
Meanwhile, the Nigerian Naira crashed to N390 per dollar on the Parallel Market on Wednesday. The currency had dropped to N382 per dollar on Monday, a slight depreciation from Friday's N380.
Naira Watch: Tracking Nigeria's Currency [Day 29]
Tuesday- Closed: 314.13
Today Open: N320
High Rate: N320
Low: N308.25
Recommended: CBN Approves 3 Firms for Money Transfers to Nigeria, Blocks Others