SPORT | NEWS | GOSSIP| ENTERTAINMENT | ALBUM |


https://trynaija.com.ng

Naira Continues Fall Against Dollar, See Latest Exchange Rate

The latest naira and dollar exchange rate has been released with the naira suffering a loss.

“The naira exchanged N590 to a dollar at the parallel market on Thursday, according to information obtained by Nairametrics. This is as the exchange rate between the naira and the US dollar closed at N420/$1 at the official Investors and Exporters (I&E) window, falling by 0.3% from N418.25/$ recorded the previous day. This represents the lowest level since the 4th of January 2022, when the exchange rate closed at N422/$1 at the I&E Window. Naira fell sharply despite a 38.19% increase in FX liquidity. A sum of $160 million in FX value exchanged hands at the official market on Thursday. Also, the exchange rate against the US dollar gained 1.45% on Friday morning at the peer-to-peer market, trading at a minimum of N598.5/$1 compared to N607.32/$1 recorded as of the same time the previous day.

Spread the NEWS

Announcement!, We have Millions viewers already

Report a News, Your events or Your music for free!

Leave a Reply

Your email address will not be published.

Copyright © 2019 - 2021 | TryNaija