Naira Slides Against Dollar Across Markets On Jan 21

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naira slides against dollar across markets on jan 21
Naira Slides Against Dollar Across Markets on Jan 21

The naira declined marginally against the U.S. dollar on Wednesday, January 21, in both the parallel market and the Nigerian Foreign Exchange Market NAFEM.

Currency dealers in Abuja told Economic Confidential that the naira traded at ?1,490/1 for buying and ?1,500/1 for selling, unchanged from Tuesday's closing rate.

At the official window, the naira weakened to ?1,420/1 from ?1,417/1 recorded in the previous trading session.

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