Naira Loses Against the Dollar... See Latest Value

Bundles of naira note

 

The Naira on Tuesday depreciated marginally against the dollar at the parallel market, newsmen report.

 

The Nigerian currency on Tuesday afternoon lost one point to exchange at N391 to the dollar, weaker than N390 posted on Friday, while the Pound Sterling and the Euro closed at N498 N420 respectively.

 

At the Bureau de Change (BDC) window, the Naira was sold at N362 to the dollar, while the pound sterling and the Euro exchanged at N490 and N417 respectively.

Naira Depreciates Further...See Latest Exchange Rate

The naira has plunged woefully at the parallel market as it continues to tumble leaving many Nigerians seriously worried.

*Photo used for illustrative purpose*

 

The Naira on Wednesday fell further to N492 to a dollar at the parallel market, from N490 it closed on Tuesday. The Pound Sterling and the Euro closed at N605 and N505 respectively.

 

At the Bureau De Change window, the Naira traded at N399 to a dollar, CBN rate, while the Pound Sterling and the Euro closed at N604 and N510, respectively.