Naira Depreciates Against Dollar, Affects Investors’ Window
Naira and Dollar exchange photot: Alfa img

Nigerian currency, Naira, has on Wednesday depreciated to N363.54 to the dollar at the investor’s window in Lagos, weaker than N363.32 posted on Tuesday.

Investors traded 397.57 million dollars in turnover at the end of trading.

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At the official CBN window, the naira closed at N306.6 to the dollar.

Currency buyers bought the naira on the streets of Lagos at N360.50, while the Pound Sterling and the Euro were exchanged at N480 and N418.

Trading at the Bureau De Change (BDC) window saw the naira closed at N360 to the dollar, while the Pound Sterling and the Euro were exchanged at N480 and N418.