4.3 C
New York
Monday, December 16, 2024
HomeBankingNaira plummets to N258 to a dollar

Naira plummets to N258 to a dollar

The naira plummeted at the parallel market on Friday.
The News Agency of Nigeria reports that the Nigerian currency lost N9 to exchange for N258 to the dollar.
This was as against N249 it traded previously.
However, at the official interbank window, the naira closed at N196.97 to the dollar as oil prices continued to fall at the international market.
Traders at the parallel market said the scarcity of dollar continued in spite of the sale of foreign exchange to some Bureau de Change that showed compliance to the apex bank’s regulation.
NAN

Advertisements
Advertisements

Advertisements
Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari