Naira spilled N5.50 against the dollar in the official window

The Nigerian currency, Naira, depreciated the US dollar on the official market on Friday.

Nigerian central bank data (CBN) shows that Naira declined to N1, 602.18/$ 1 compared to N1.596.68/$ 1 which was traded on Wednesday.

This represents the loss of N5.50 for local currencies.

In the black market, Naira obtained an N2 against the dollar to trade at N1.608/$ 1 compared to the previous day level N1, 610/$ 1.

Also read: Naira appreciates a little to the dollar in the official window

Naira obtained N5 against British pounds to trade at N2.125/£ 1 compared to the previous N2.130/£ 1.

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

Naira obtained N5 against Euro to trade in ₦ 1,795/€ 1 compared to the previous day level ₦ 1,800/€ 1.

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