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Nigerian naira depreciated by 0.19% against United States Dollar to close at N308.37 at the Inter-bank foreign exchange market.
At the parallel market, the currency down by 0.68% to N445.00 as against 436 on Thursday and 435 on Friday as dollar shortages on the official market persist, funneling importers to the unofficial market, amidst declining currency reserves in Africa’s biggest economy.
Naira Watch: Tracking Nigeria's Currency [Day 65]
Friday Closed: 307.79
Today Open: N3i5.25
High Rate: N315.75
Low: N314.25
At the parallel market, the currency down by 0.68% to N445.00 as against 436 on Thursday and 435 on Friday as dollar shortages on the official market persist, funneling importers to the unofficial market, amidst declining currency reserves in Africa’s biggest economy.
Naira Watch: Tracking Nigeria's Currency [Day 65]
Friday Closed: 307.79
Today Open: N3i5.25
High Rate: N315.75
Low: N314.25
