Naira weakens at parallel market

日本 ニュース ニュース

Naira weakens at parallel market
日本 最新ニュース,日本 見出し

The currency gained at the official market.

at the unofficial market window on Thursday, as it exchanged hands with the greenback currency at N508.00 per $1.

However, the local unit gained marginally against the U.S. dollar at the official market segment after maintaining stability in the last three consecutive sessions. According to abokiFX.com, the currency closed with a N2.00 or 0.40 per cent devaluation from the N506.00 rate it traded in the previous session on Wednesday.where forex is officially traded showed that the naira closed at N411.25 per $1, this implies a N0.25 or 0.10 per cent appreciation from N411.50 rate it exchanged hands with the hard currency in the previous session on Wednesday.

It experienced an intraday high of N400.00 and staged a low of N413.00 before settling at N411.25 at the Nafex window. This occurred as forex supply plummeted by 18.14 per cent, with $103.90 million posted at the end of the market session as against the $126.92 million recorded in the previous session on Wednesday.

 

Naira is as weak as our bubu

日本 最新ニュース, 日本 見出し

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