The Nigerian Naira, on Wednesday, July 26, traded at the rate of N364 against the United States of America Dollar, at the parallel segment of the Nigerian Foreign Exchange Market.
The local currency, had on Tuesday, July 25, gained momentum to the rate of N363 at the black market, but slipped to N364 on Wednesday.
Against the British Pound Sterling, the Nigerian Currency exchanged at unchanged rate of N475 at the parallel market.
However, the naira shed four points to exchange at the rate of N424 against the European Single Currency, Euro, in contrast to the rate of N420, which it traded for the previous day.
Meanwhile, against the Bureau De Change, BDC, window, the local currency traded at the rate N362 to the Dollar, while the Pound Sterling and the Euro were sold at N477 and N419 respectively.
At the investors’ window, the Naira closed at N369.50 against the Dollar at the investors’ window, while it also closed at N305.75 at the interbank market.
