4 weeks ago
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The naira depreciated against the United States dollar astatine the authoritative overseas speech marketplace connected Friday.
Central Bank of Nigeria, CBN, information showed that the naira weakened to ₦1,332.26 per dollar connected Friday, from ₦1,331.61 recorded connected Thursday.
This means that, connected a day-to-day basis, the naira depreciated by ₦0.65 against the dollar.
However, connected a week-on-week basis, the naira gained ₦1.07 against the dollar astatine the authoritative overseas speech market.
DAILY POST reports that the naira appreciated to ₦1,370 per dollar astatine the parallel marketplace connected Friday, aft remaining unchangeable astatine ₦1,375 per dollar since Monday.
The improvement comes arsenic the country’s outer reserves stood astatine $55.09 billion, according to CBN data.
DAILY POST reports that the naira recorded mixed show against the dollar during the week nether review.