Naira Falls in Parallel Market, Closes at N1,525/$1 - Tech

Naira Falls in Parallel Market, Closes at N1,525/$1 - Tech

The naira weakened in the parallel market on Thursday, closing the day’s trading at N1,525/$1, a decline from its previous close of N1,520/$1. The currency recorded a mixed performance across major foreign currencies. It held steady against the British pound, buying at N2,100/£1, the same as the previous day, while selling at N2,120/£1. Against the euro,  the naira depreciated, as the euro was bought at N1,765/€1, down from N1,745/€1, and sold f…

Black Market Dollar To Naira Exchange Rate Today - Brand Spur

Yesterday, the naira closed at N1,520/$1, the same as it had the day before, maintaining its previous value in the parallel market. In the parallel market, the naira was trading at N2,100/£1 against the British pound, as opposed to N2,125/£1 when it was sold. As the buy price dropped to N1,745/€1 and the sale price increased to N1,770/€1, the value of the naira increased relative to the euro. Compared to the close of N1,535/$1 the day before, th…