Naira weakens against dollar at parallel market

The Nigerian currency traded at N472.5 to the dollar on Friday at the parallel market, down by 0.5 points from N472 exchanged the previous day.

The pound sterling and the euro closed at N582 and N530 respectively.

Naira closed at N389.50 to the dollar at the investor’s window, down by 1.50 points from N388 it traded on Thursday.

Market turn-over at the investor’s window stood at $12.61m. It however, closed at N381 to the dollar at the official Central Bank of Nigeria window.

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