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Naira Hits N450 Per Dollar


By Modupe Gbadeyanka

Nigeria’s currency, Naira, slumped to 450 per Dollar at the parallel market on Tuesday after it traded N445 per Dollar the previous day.

Also, the Naira exchanged N570 to a Pound compared to N564 to one Pound it traded on Monday, while the Euro remained relatively stable at N490 as previous day.

ALSO READ  Naira Records 0.04% w-o-w Gain at I&E to Close at N362.35/$

At the interbank market, the closed at N312.98 against one Dollar compared to N308.37 to a US Dollar it closed the previous day.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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