Showing posts with label Exchange Rate.. Show all posts
Showing posts with label Exchange Rate.. Show all posts

Saturday, 28 February 2015

Naira weakens further, sells at N224 to dollar at BDC

The Naira on Friday weakened further as it sold at
N224 against the dollar at the Bureau de Change
(BDC).

NAN reports that the Naira also exchanged against
the dollar at N220 at the black market.

But, the currency traded N199 to a dollar at the
Central Bank of Nigeria (CBN).

The currency, however, gained N2 against the
pound at the BDC, selling at N330, from N332 it
sold on Monday.

At the black market, however, the Naira remained
stable, maintaining N335 to the pound, which it
attained on Feb. 23. It sold at N307.59 to a pound
at the CBN.

Against the Euro at the black market, Naira sold at
N255 as against N235 it was sold on Monday.

At the BDC, it exchanged at N245 against the
Euro, increasing from the N235 it was sold on
Monday, while at the CBN, it sold at N226.7.