Naira sheds N5.46 against dollar at official window

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The Nigerian currency, the naira, slumped against the United States dollar at the official window on Thursday.
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,353.90/$1, compared to N1,348.44/$1 on Wednesday.
This represents a loss of N5.46 for the local currency against the dollar.
At the black market, the naira gained N3 against the dollar, trading at N1,395/$1, down from the previous day’s N1,398/$1.
READ ALSO:Naira gains N2.30 against dollar at official window
The local currency lost N5 against the British Pound, trading at N1,885/£1, as against the previous day’s N1,880/£1.
The naira closed flat against the Canadian dollar and Euro to trade at N1,100/CA$1 and ₦1,620/€1, respectively.
Babajide Okeowo

The post Naira sheds N5.46 against dollar at official window appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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