The Nigerian currency, Naira, depreciated the US dollar on an official window on Tuesday.
Nigerian central bank data (CBN) shows that Naira is closed on N1, 533.10/$ 1 compared to N1, 531.95/$ 1 which is traded on Monday.
This is the loss of N1.15 for local currencies against American Greenback.
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In the black market, Naira lost N2 to the dollar to be traded in N1.565/$ 1, compared to the previous day level N1.563/$ 1.
Naira lost N5 to the British pound to trade at N2.115/£ 1 compared to the previous day level N2.120/£ 1.
Naira continued to close flatly against Canadian dollars to trade at N1.200/Ca $ 1.
Naira obtained the N10 against Euro to trade in ₦ 1,790/€ 1 compared to the previous day level ₦ 1,800/€ 1.
By: Babajide Okeowo