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The Naira shed N127 against the dollar at the official window on Wednesday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency traded at N1669.15/$1, higher than the N1,541.94/$1 it traded at the official window on Monday.
The naira, however, gained N10 against the dollar at the parallel section of the forex market to trade N1,690/$1 as against the previous N1,700/$1.
READ ALSO: Low expectations as Nigeria begins Naira-for-crude deal
The naira gained N20 against the British Pound to trade N2,260/£1 as against the N2,280£1 posted on Monday.
The Canadian dollar still traded at N1,280| CA$1 same as the previous N1,280| CA$1.
The naira gained N20 flat against the Euro to trade ₦1,860/€1 as against the previous day’s ₦1,880/€1.
By: Babajide Okeowo
The post Naira sheds N127 to trade N1669/$1 at official window appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
