Connect with us

Blog

Naira falls to 555/dollar in parallel market

Published

on

Naira falls to 555/dollar in parallel market

The Naira fell to 555 per Greenback on the parallel market on Monday, Nov. 22.

 

The Nigerian foreign money had not too long ago fallen to 575 per greenback nevertheless it peaked final week at 530 per greenback.

 

Nonetheless, on Monday, it fell once more, sliding to 550 Naira per greenback within the parallel market as demand for {dollars} will increase.

Advertisement

 

On the Central Financial institution of Nigeria’s Investor & Exporter Window, the naira fell by 0.16 per cent to shut at 415.07/greenback after reaching a brand new excessive of N445.75.

 

Nonetheless, the CBN maintained 411.63/greenback because the official charge on its web site.

ALSO READ:  JUST IN: INEC declares Anambra election "inconclusive"

Trending

x