Naira shed N4.33 against the dollar in the official window

The Nigerian currency, Naira, dropped a little against the US dollar on the official market on Tuesday.

Nigerian central bank data (CBN) shows that Naira is traded in N1, 583.73/$ 1 compared to N1, 579.40/$ 1 for Monday.

This is the loss of N4.33 for local currencies.

In the black market, Naira closes flatly against the dollar to be traded in N1,620/$ 1.

Naira obtained N5 against British pounds to trade at N2.165/£ 1 compared to the previous day level N2.170/£ 1.

Naira continues to survive with Canadian dollars to trade at N1.200/Ca $ 1.

Naira closed the flat against the euro to be traded in ₦ 1,810/€ 1.

By: Babajide Okeowo

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