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Naira closes week with minimal loss at official market

Agency Report
Agency Report
Exchange rate (Naira to Dollar)

The Naira closed the week with slight loss at the official market, trading at N1,343.63 against the U.S. dollar.

According to data released on the official website of the Central Bank of Nigeria, CBN, on Friday, the Naira lost N1.33.

This represents a 0.09 per cent loss against what it recorded on Thursday when it stood at N1,342.30 to the dollar.

The Naira, which had sustained a two weeks appreciation before crashing on Friday, traded at N1,356.18 on Monday.

On Tuesday the local currency traded at N1,343.76 and closed at N1,343.74 on Wednesday.

Source: NAN

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