adplus-dvertising
Business News

Naira Falls 0.44% to N1,482.72/$1 at Official Market

deposit old Naira notes

WATCH THE VIDEO HERE

By Adedapo Adesanya The Naira continued its fall as it recorded a 0.44 per cent or N6.48 slide on the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Friday, June 14 to close the last trading day of the week at N1,482.72/$1, in contrast to the previous day’s N1,476.24/$1. But the local currency recorded no movement against both the Pound Sterling and the Euro in the spot market, as they remained unchanged at N1,876.39/£1 and N1,580.19/€1, respectively. This happened despite an improvement in the supply of forex into the official market yesterday with a turnover of $183.47 million

WATCH FULL VIDEO

WATCH THE VIDEO HERE