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Topic: Naira weakens to N490/$ at parallel market  (Read 1924 times)

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Naira weakens to N490/$ at parallel market
« on: December 29, 2016, 01:04:22 PM »
Naira weakens to N490/$ at parallel market

The Naira yesterday weakened to N490 to a dollar at the parallel market after appreciating to N485 to a dollar during the Christmas break.  The News Agency of Nigeria (NAN) reports that the Naira lost five points, representing a depreciation of 1.03 per cent, while the Pound Sterling and the Euro closed at N590 and […]


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