P
ProfRem
Guest
The naira on Monday depreciated to 320.25 to the United States Dollar at the inter-bank market as against 311.25 and 315 its closed on Thursday and Friday respectively.
The currency on Friday rose to all-time low of 350.91 to dollar at the interbank market before the intervention by the Central Bank of Nigeria (CBN), which sold dollars to boost liquidity and help the naira to strengthen against the greenback.
Naira Watch: Tracking Nigeria's Currency [Day 37]
Friday Closed: 311.25
Today Open: N320.25
High Rate: N320
Low: N315.50
Recommended: CBN Conducts Special Examination on Banks
The currency on Friday rose to all-time low of 350.91 to dollar at the interbank market before the intervention by the Central Bank of Nigeria (CBN), which sold dollars to boost liquidity and help the naira to strengthen against the greenback.
Naira Watch: Tracking Nigeria's Currency [Day 37]
Friday Closed: 311.25
Today Open: N320.25
High Rate: N320
Low: N315.50
Recommended: CBN Conducts Special Examination on Banks