Naira obtained N0.33K to the dollar in the official window

The Nigerian currency, Naira, made a little restoration of the US dollar on the official market on Wednesday.

Foreign Valuuta Data of the Central Bank of Bank Nigeria (CBN) shows that Naira is traded N1, 602.30/$ 1 compared to N1, 602.63/$ 1 for Tuesday.

This represents the profit N0.33 for local currencies.

In the black market, Naira is valued by N5 to trade at N1.605/$ 1 compared to the previous day level N1, 610/$ 1.

Naira lost the N20 to the British pound to trade at N2.120/£ 1 compared to the previous N2.100/£ 1.

Canadian dollars still survive stable at N1.150/Ca $ 1.

Naira lost N20 to Euro to trade in ₦ 1,800/€ 1 compared to the previous day ₦ 1,780/€ 1.

By: Babajide Okeowo

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