Connect with us

Business

See Exchange Rate Tonight As Naira Loses Against Dollar

Published

on

See Exchange Rate Tonight As Black Marcket Exchange Rate Appreciatess

Naira lost N89.27 against the dollar at the official foreign exchange market.

This comes as the Naira ended the week at N1631.21 per dollar.

This showed that the Naira had weakened by a significant N89.27 against the dollar.

Further analysis showed that the Naira, despite recording mixed sentiments of gains and losses at the official FX market in the period under review, has predominantly depreciated.

Meanwhile, at the black market, the Naira gained N30 to close the week at N1,670 per dollar compared to N1,700 it started that month.

The Naira to Dollar exchange rate stood at N1631.21 and N1670 at the official and black FX markets at the close of trading on Friday.

Click to comment

Leave a Reply