Naira loses further at official market amid cash crunch

📆 3/4/2023 3:10 AM
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Naira declined to N461.75 per $1 at the spot market on Friday, but appreciated to N740.00 at the unauthorised window

Naira fell slightly against the United States’ dollar at the Investors and Exporters window on Friday, extending losses to two successive days at the spot market in the midst of currency scarcity across the country., where forex is officially traded, showed the domestic currency closed at ₦461.75 per $1 on Friday— the last business day of this week.

The data posted revealed that the Naira opened the day’s trading at N461:33 per $1, but traded within an intraday range of N446.00 and touched a low of N462.04 before settling at N461.75 on Friday.

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Tinubu stolen mandate responsible

People has been coming to change $ since this week, na INEC staffs I guess 😒

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