Nigeria: Naira Hits New Low At Parallel Market, Strengthens At Official Market

  • 📰 allafrica
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Naira extended losses at the unofficial market on Wednesday to trade at N1,030 per $1.

The Naira depreciated further against the United States dollar at the unofficial market on Wednesday, market data collated from currency dealers in the country revealed.

The rate implies a N5.00 depreciation from N1,025 per $1 rate it was exchanged in the previous session on Tuesday. The currency dealers who spoke with this medium explained that they are mostly interested in accepting the physical dollar instead of account-to-account transfer due to scarcity of the dollar.

According to the data, the naira closed at N765.83 per $1 on Tuesday as against N773.54 recorded on Monday.

 

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

 /  🏆 1. in FR

France Dernières Nouvelles, France Actualités