The Naira on Friday, August suffered further loss against the dollar at the parallel market, shedding one point to the Greenback, the News Agency of Nigeria (NAN) reports.
The Nigerian currency exchanged at N395 to the dollar from N394 it posted on Thursday, August 18, while it traded at N505 and N442 to the Pound Sterling and the Euro, respectively.
Also, at the Bureau De Change, BDC, segment of the market, the naira closed at N395 at the trading, while to the Pound and Euro, it exchanged at N503 and N434, respectively.
However,it firmed up at the official interbank market as it exchanged at N316.55, from N347.13 posted on Thursday, August 18.
Traders at the market expressed hope that the currency would see a rebound in the coming weeks as banks were ready to sell foreign exchange to BDCs in the coming weeks.
