Naira Weakens Marginally To Dollar

Naira Weakens Marginally To Dollar
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The Naira on Friday weakened marginally against the dollar at both the parallel market in Lagos and the investor’s window.

The Nigerian currency traded at ₦472.5 to the dollar at the parallel market, down by 0.5 points from ₦472 exchanged on Thursday.

The Pound Sterling and the Euro closed at ₦582 and ₦530, respectively.

The Naira closed at ₦389.50 to the dollar at the investor’s window, down by 1.50 points from N388 it traded on Thursday.

Market turnover at the investor’s window stood at 12.61 million dollars.

It, however, closed at N381 to the dollar at the official Central Bank of Nigeria (CBN) window.

 

AFRICA DAILY NEWS, NEW YORK

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