Naira fails to recover at black market, hits new low

fell significantly against the U.S dollar at the parallel market on Wednesday, as the currency exchanged hands with the hard currency at N562.00 per $1.naira

remained stable against the greenback currency at the official market on Wednesday, as foreign exchange turnover remained unchanged from what was posted in the previous session on Tuesday. Data recorded on the FMDQ securities exchange window where forex is officially traded, showed that the naira closed at N412.06 per $1 at the official window on Wednesday, the same rate it exchanged on Tuesday.

Also, the forex turnover remained unchanged with $175.10 million recorded at the spot market, the same rate posted in the previous session on Tuesday. The domestic unit hit an intraday high of N400.00 and a low of N414.90 at the trading session before closing at N412.06 on Wednesday.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Naira down to 557 against dollar; gains at official marketThe currency gained marginally against the hard currency at the official market. Make he come make I send am stark VPN Finally UAE has exposed Dr Isa Pantami as one the sponsorer of terrorists. Check the list released, his real name is: Muhammad Ibrahim Isa ..... Busted!!! Please retweet and repost to save this nation.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Naira down to 557 against dollar; gains at official marketThe currency gained marginally against the hard currency at the official market. Make he come make I send am stark VPN Finally UAE has exposed Dr Isa Pantami as one the sponsorer of terrorists. Check the list released, his real name is: Muhammad Ibrahim Isa ..... Busted!!! Please retweet and repost to save this nation.
Source: PremiumTimesng - 🏆 3. / 78 Read more »