Again, Naira sinks after CHRISTMAS, see exchange rate!

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The Nigerian Naira fell again before the dollar and all other major currencies yesterday on the parallel market after previously appreciating to N485 to the US dollar shortly before Christmas.

The British pound sterling exchanged for N590 and the euro N502

 At the Bureau De Change (BDC) Window, the Naira traded at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro closed at N602 and N510, respectively.

 The Naira traded at N305.25 to a dollar at the official interbank market.

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