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The Nigerian currency, the naira, depreciated further against the American dollar at the official window on Thursday.
The Central Bank of Nigeria (CBN) foreign exchange data.showed that the naira closed at N1,498.97/$1, as against N1,494.01/$1 it traded on Wednesday.
This represents a depreciation of N4.96 for the local currency against the American greenback.
The naira gained N5 against the dollar to trade at N1,530/$1, as against the previous day’s rate of N1,535/$1.
The naira closed flat against the British Pound to trade at N2,100/£1.
The local currency also closed flat against the Canadian dollar to trade at N1,230/CA$1.
It, however, lost N5 against the Euro to trade at ₦1,785/€1 as against the previous day’s rate of ₦1,790/€1.
By: Babajide Okeowo
The post Naira sheds N4.96 against dollar at official window appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
