Business
See Latest Exchange Rate Today, As Naira Falls Against Dollar
Naira after appreciation against the dollar over the past weeks has depreciated.
News Rain Nigeria recalls that Naira fell to 555 per Dollar at the parallel market on Monday, Nov. 22.
The Nigerian currency had recently fallen to 575 per dollar but it peaked last week at 530 per dollar.
See Latest Exchange Rate Today, As Naira Falls Against Dollar
However, on Monday, it fell again, sliding to 550 Naira per dollar in the parallel market as demand for dollars increases.
At the Central Bank of Nigeria’s Investor & Exporter Window, the naira fell by 0.16 percent to close at 415.07/dollar after reaching a new high of N445.75.
However, the CBN maintained 411.63/dollar as the official rate on its website.
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