Naira falls against dollar at official market

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 78%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Naira fell by 0.12 per cent against the dollar at the Nafex window on Monday

, where forex is officially traded, showed that the currency closed at N420.25 per $1 at the official market.

This implies a N0.50 or 0.12 per cent devaluation from N419.75 it exchanged in the previous session on Friday last week. The currency, which opened trading at N420.10 to a dollar, hit an intraday high of N413.00 and a low of N444.00 before closing at N420.25 per $1 on Monday, the first business day of the week.

Foreign exchange fell by 73.50 per cent with $49.24 million recorded at the close of business on Monday against the $185.85 million posted in the previous session Friday last week.READ ALSO:“We exchanged the dollar at N603.00 and sold at N607.00 in the morning, but it dropped to N600.00 by afternoon and that is how it is this evening,” a currency dealer who identified himself as Shuaibu told PREMIUM TIMES.

In the Zone 4 black market in Abuja, currency dealers said naira was exchanged at N595.00 and sold N597.00 per $1 on Monday.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Everyday downfall...😞

Primary election will soon finish in few days time

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Oil, gas stocks gain N355.8 billion in four monthsThe unprecedented bull run recorded in the country's stock market that resulted in over an N5 trillion increase in market capitalisation
La source: GuardianNigeria - 🏆 1. / 94 Lire la suite »