Naira loses at official market

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

At the black market in Abuja and Uyo, dealers exchanged the naira at N586.00 per $1 on Wednesday.

Naira fell against the U.S. dollar at the official market on Wednesday, extending its decline to two consecutive days.

At the close of business on Wednesday, the naira closed at N419.33 to a dollar, implying a N0.83 or 0.2 per cent loss from N418.50 it exchanged hands with the hard currency in the previous session on Tuesday, data published by FMDQ, where forex is officially tradedThe domestic unit which opened trading at 418.38 to a dollar, oscillated to an intraday high of N410.00 and a low of N444.00 before closing at N419.33 per $1 on Wednesday.Meanwhile, foreign exchange supply dipped by 24.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

U fit borrow me this money wey de your hand make i use am chop take see wetin de occur for official market

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Rising insecurity, naira’s fall worsening business environment – NGF - Punch NewspapersThe most widely read newspaper in Nigeria Can’t be! Aboki FX was our problem! Only in the affected areas but the Nigeria large domestic market is too big to collapse and fail What policies do they even put in place 🤦🏽‍♂️
Source: MobilePunch - 🏆 8. / 63 Read more »