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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.
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
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.
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