Saturday, 13 February 2016

Naira depreciate to 338 to 1 U.S Dollar

The naira has unfortunately declined once again at the parallel market due to the persistence of dollar scarcity and now sells at N338 to a dollar.

The local currency had closed at 335, 318, 313.5 and 310 on Thursday, Wednesday, Tuesday and Monday, respectively.

The CBN has left the official exchange rate unchanged at N197 to the dollar on its official interbank window.

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