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The naira slumped against the American dollar on Thursday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency shed N43 to trade N1, 586/$1, up from N1, 543/$1 it traded on Wednesday.
The intra-day high and low recorded during the day were N1, 603/$1 and N1, 500/$1 respectively, representing a lean spread of N103$1.
READ ALSO: Naira sheds N13, trades N1,592/$1 at official window
The naira also depreciated against the dollar at the parallel section of the forex market to trade N1,615/$1 as against the previous N1,610/$1.
The naira also lost N10 against the British Pound to trade N2, 100£1 as against the previous N2, 090£1.
The Canadian dollar continues to close flat against the naira to trade at N1,200 | CA$1.
The naira also lost N15 against the Euro to trade ₦1,760/€1 as against the previous ₦1,745/€1.
By: Babajide Okeowo
The post Naira loses N43, trades N1, 586/$1 at official window appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
