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The Nigeria Naira has stayed flat against the dollar at the official interbank window and on the parallel market, January 4, but crashed against pound and euro.
The first working day of 2017 has seen the Nigerian Naira maintaining its low rate of N490 per dollar at parallel market, the same rate it finished with in 2016
The Naira is one of the world’s four worst performing currencies in 2016. It was learnt that the Naira was said to have lost 36.68% of its spot returns for 2016
The Nigerian Naira has crashed against the American dollar, and now sells at N490 per dollar in parallel market, three days to the end of the year, 2016.
The naira has recorded a big gain against the American dollar, Pound sterling and Euro at the parallel market. The local currency now trades at N48/$1, N580/£1
The parallel-market also known as black market exchange rate on Wednesday, December 21 remained unchanged at 490 per dollar, 510 per Euro and 605 per pound.
This isn’t the best time to shop for Christmas as the Nigerian Naira on Monday, December 19, crashed from N485 to N487 and now 490 per dollar at black market.
The parallel market exchange rate on Friday, December 16, remained unchanged at 485 per dollar, but crashed from 605 to 607 against the pound sterling.
The black-market exchange rate on today stayed unchanged at 485 per dollar, 605 per pound and N515 per euro as foreign currencies shortages in Nigeria continues
The parallel market exchange rate on Tuesday, December 13, collapsed to a record low of 485/$1 and 605/£1 as foreign currencies shortages in Nigeria continues..
The Naira on Wednesday, December 7, stayed unchanged at N485 against the dollar, N510 against Euro and N600 against pound in black market.
The Naira on Tuesday, December 6, dropped to N485 from N484 against the dollar and N600 from N590 against the pound at the parallel market.
The Naira has remained unchanged at N484 per dollar at the parallel market, NAIJ.com can report this Monday, December 5.
The Naira has depreciated further to N484 per dollar at the parallel market, NAIJ.com can report this Friday, December 2.
The Naira has remained at N480 per dollar in the black market as it was yesterday, NAIJ.com can report this Wednesday, November 30.
The Naira has depreciated further to N480 per dollar at the parallel market, NAIJ.com can report this Tuesday, November 29.
Naira is facing new pressure in the parallel market as it has depreciated to N473 per dollar, NAIJ.com can report this Monday, November 28.
The naira has crashed to trade at N470 against the dollar at parallel market, while Pound and Euro exchanged at N565 and N495 respectively.
The naira has remained at the same exchange rate of N465 per dollar in the black on Monday, November 21, as it was on Friday, November 18.
The naira has remained at the same exchange rate of N465 per dollar in the black on Friday, November 18, as it was yesterday.
The Nigerian Naira has dropped N10 to trade at N465/$1 on Wednesday, November 16, as against N455/$1 it was yesterday in the black market.
The naira has maintained strength over dollar at the parallel segment of the market, even as the Euro crashed against the local currency.