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The Nigerian currency, the naira, depreciated against the American dollar at the official window on Monday.
According to the Central Bank of Nigeria (CBN) foreign exchange data, the naira closed at N1,457.51/$1, as against N1,455.17/$1 it traded on Friday.
This represents a depreciation of N2.34 for the local currency against the American greenback.
The naira closed flat against the American greenback to trade at N1,500/$1, the same as the previous day’s rate of N1,500/$1.
The naira gained N5 against the British Pound to trade at N2,020/£1 as against the previous day’s rate of N2,025/£1.
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The naira closed flat against the Canadian dollar to trade at N1,200/CA$1, the same as the previous day’s rate of N1,200/CA$1.
The naira lost N25 against the Euro to trade at ₦1,730/€1 as against the previous day’s rate of ₦1,755/€1.
By Babajide Okeowo
The post Naira sheds N2.34 against dollar at official window appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
