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Naira Watch

Naira trades N1, 603/$1 at official window

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The Nigerian currency, the naira, traded at N1.603.78 to the American dollar at the official market on Friday.

The Central Bank of Nigeria (CBN) Foreign exchange data revealed that the figure was N11.94 higher than the N1, 591.84/$1 the local currency traded on Thursday.

On the black market, the naira closed flat at N1,620/$1.

READ ALSO: Naira trades N1, 531/$ at official window

The naira lost N10 against the British Pound to trade at N2,070/£1 as against the previous day’s rate of N2,060/£1.

The Canadian Dollar still held steady at N1,150/CA$1.

The naira lost N10 against the Euro to trade at ₦1,740/€1 as against the previous day’s ₦1,730/€1.

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