Nigeria Naira depreciated against three international currencies at the parallel market at the close of trading on Friday.
At the close of trading on Friday in Lagos the Naira depreciated by ₦1 or 0.45 per cent against the dollar due to high demand selling for ₦221 a dollar as against the ₦220 it sold on Monday, June 15.
The Naira also lost ₦27 to sell at ₦352 to the pound, representing 8.31 per cent depreciation from the ₦325 it traded on June 15. The Naira against the euro went for ₦245 compared with the ₦238 it sold on June 15, representing N7 or 2.97 per cent drop.
The Naira against the dollar at Central Bank of Nigeria (CBN) official rate remained at ₦196.90, the rate since June 11. But it fell by ₦7.96 or 2.61 per cent to the pound, selling for ₦313.31 from the ₦305.31 it sold on June 15. The currency also depreciated against the euro to sell for ₦224.58 compared with the ₦220.74 it traded on Monday.
Instead of appreciating, it is rather depreciating. May God come to our rescue
ReplyDeletewww.alabekee.blogspot.com
Hi, i think that i saw you visited my website thus
ReplyDeletei came to “return the favor”.I am attempting to find things to improve my website!I
suppose its ok to use some of your ideas!!
My page - EileneAPutzier
I'm extremely pleased to find this page. I want to to thank you for your
ReplyDeletetime for this fantastic read!! I definitely savored
every part of it and i also have you saved as a favorite to
check out new stuff in your web site.
Visit my site: BobbieZTippet
Pretty section of content. I just stumbled upon your blog and in accession capital to assert that I
ReplyDeleteacquire actually enjoyed account your blog posts.
Any way I'll be subscribing to your feeds and even I achievement you
access consistently rapidly.
Feel free to surf to my web site ... CasieIFroozy