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The naira shed N110 against the American dollar at the official window on Tuesday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency traded N1,656/$1, up from the N1,546/$1 it traded at the official window the previous day.
However, the naira gained N5 against the dollar at the parallel section of the forex market to trade N1,660/$1 as against the previous N1,665/$1.
READ ALSO: Naira recovers further, gains N13 to trade at N1,580/$1</a>
The naira closed flat against the British Pound to trade N2,220/£1.
The Canadian dollar closed flat against the naira to trade N1,250| CA$1.
The naira also lost N5 against the Euro to trade ₦1,825/€1 as against the previous day’s ₦1,820/€1.
The post Naira sheds N110, trades N1,656/$1 at official market appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
