The Naira on Wednesday, April 13 exchanged for N322 to the dollar at the parallel market.
According to the News Agency of Nigeria, NAN, the Naira lost N0.5 from N321.5 it traded previously.
However, the Pound Sterling and the Euro traded for N450 and N361 respectively, depreciating further against the Euro.
Meanwhile, the official CBN exchange rate remained at N197 to a Dollar.
Traders at the market said that the nation’s currency had remained stable, hovering between N321 to N322 to the Dollar.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Financial Watch. Every investment and trading move involves risk. You should conduct your own research when making a decision.
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