The Naira on Wednesday traded at N360.56 against the dollar at the investors’ window, the News Agency of Nigeria (NAN) reports. The Nigerian currency was sold at N362 to the dollar at the parallel market, while the Pound Sterling and the Euro closed at N492 and …
via BusinessDay : News you...
The naira Wednesday depreciated to N360.73 per dollar for the first time this week in the Investor and Exporter window, prompted by a 16 percent decrease in dollar supply. Data from the Financial Market Dealers Quote (FMDQ) showed that indicative exchange rate for the window, known as Nigerian...
Oyetunji Abioye with agency report The naira is expected to firm slightly to 360 per dollar at the Central Bank of Nigeria’s Investors and Exporters Foreign Exchange window next week as trading picks up after the Christmas and New Year holidays. The local currency had traded weaker at 362/dollar...
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