Naira Weakens by 19 Kobo Against Dollar at Official Market

Naira Weakens by 19 Kobo Against Dollar at Official Market

The Naira on Friday closed the week slightly weaker, as it lost 19 kobo against the U.S. dollar at the official market, trading at N1,533.74.

Data released on the official website of the Central Bank of Nigeria (CBN) showed that the Naira traded on Thursday at N1,533.55.

On Wednesday, the Naira slightly depreciated, trading at N1,534.52 compared to the trading figures on Tuesday when it traded at N1,533.18.

On Monday, the Naira opened the trading week with a slight gain, trading at 1,534.20 to a dollar.

Source: EconomicConfidential | Continue to Full Story…