Naira spilled N2.70 against dollars in the official window

The Nigerian currency, Naira, reduced N2.70 to the US dollar on the official market on Tuesday.

Nigerian central bank data (CBN) shows that Naira declined to N1, 602.63/$ 1 compared to N1, 599.93/$ 1 currency traded on Thursday.

This represents the loss of N2.70 for local currencies.

In the black market, Naira lost the N10 to be closed on N1, 610/$ 1 compared to the previous day level N1, 620/$ 1.

Also read: IMF reduces the estimated global growth to 2.8% more than the uncertainty of the tariff

Naira obtained N40 against British pounds to trade at N2.100/£ 1 compared to the previous N2.140/£ 1.

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

Naira obtained an N30 against Euro to trade in ₦ 1,780/€ 1 compared to ₦ 1,810/€ 1 before.

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