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The Nigerian currency, the naira, slumped further against the American dollar at the official window on Friday.
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,355.41/$1, compared to N1,353.65/$1it traded on Thursday.
This represents a loss of N1.76 for the local currency against the dollar.
At the black market, the naira closed flat against the dollar, trading at N1,435/$1, the same as the previous rate of N1,435/$1.
READ ALSO: Naira sheds N4.07 against dollar at official FX market
The local currency gained N5 against the British Pound to trade at N1,985/£1 as against the previous day’s rate of N1,990/£1.
The naira gained N30 against the Canadian dollar to trade at N1,100/CA$1, as against the previous day’s rate of N1,130/CA$1.
It also gained N5 against the Euro to trade at ₦1,69/€1, as against the previous day’s rate of ₦1,700/€1.
Babajide Okeowo
The post Naira sheds N1. 76 against dollar at official FX market appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
