The Nigerian naira on Monday, August 14, slumped further against the United States of America Dollar at the parallel segment of the Nigerian Foreign Exchange Market.
The local currency opened the new week trading against the greenback at the rate of N367 at the black market.
Nigerian currency shed one point from N366 against the dollar traded on Friday. Against the British Pound Sterling, the Naira exchanged at the rate of N476 and closed at the rate of N432 against the European Single Currency,Euro.
The naira, however, appreciated at the investors’ window as it closed at 362.50, stronger than N365.68, its opening rate.
At the Bureau De Change (BDC) segment, the naira was sold at N363 to the dollar, while the Pound Sterling and the Euro closed at N476 and N432, respectively.
