Naira Falls Against Dollar Across Markets on Feb 2
The naira reversed recent gains against the U.S. dollar on Monday, February 2, across both the parallel market and the Nigerian Foreign Exchange Market NAFEM.
Currency dealers in Abuja told Economic Confidential that the naira traded at ?1,445/1 for buying and ?1,455/1 for selling, weakening from ?1,435/1 recorded on Friday, representing a ?20.33 loss.
At the official window, the naira slipped marginally to ?1,390/1 from ?1,386/1 recorded over the weekend.
