Business Naira Watch: Tracking Nigeria's Currency [Day 13]

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Nigerian Naira, Monday appreciated slightly at 282.25 to a US dollar, thirteen official business day after the Central Bank of Nigeria removed peg on the country's currency rate.

Naira traded 281 to a United States Dollar as of 9:45am in Lagos, nation’s commercial hub, according to data retrieved from Bloomberg news.

At the close of the trading period, the Naira was spotted at N282.25 to a US dollar at the inter-bank market as against its closing value of 282.75 last Friday.

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Naira Watch: Tracking Nigeria's Currency [Day 12]


Friday- Closed: 282.75

Today Open: N282.66

High Rate: N283.25

Low: N280.10


Related: Nigerian Naira Rises 0.5% to 281.30/US Dollar
 
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