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ProfRem
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The naira on Friday apreciated 5.2% to 308 to a dollar, forty -two days the Central bank of Nigeria introduced the flexible exchange rate policy.
Naira, yesterday, suffered a major dropped in the inter-bank market trading at N365.25 per dollar against it earlier trade of N314.14, almost 14 per cent drop in one day, before the intervention of the Central Bank of Nigeria.
The naira weakened to 326.25 on Monday, 324.20 on Tuesday against the dollar, according to data mined from the Bloomberg terminal.
Naira Watch: Tracking Nigeria's Currency [Day 41]
Thursday Closed: 326.75
Today Open: N
High Rate: N
Low: N
Nigeria Will Bounce Back As Largest Economy in Africa - Udoma
Naira, yesterday, suffered a major dropped in the inter-bank market trading at N365.25 per dollar against it earlier trade of N314.14, almost 14 per cent drop in one day, before the intervention of the Central Bank of Nigeria.
The naira weakened to 326.25 on Monday, 324.20 on Tuesday against the dollar, according to data mined from the Bloomberg terminal.
Naira Watch: Tracking Nigeria's Currency [Day 41]
Thursday Closed: 326.75
Today Open: N
High Rate: N
Low: N
Nigeria Will Bounce Back As Largest Economy in Africa - Udoma
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