The Nigerian currency, the naira, slumped further against the American dollar at the official window on Thursday.
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,422.07/$1, compared to N1,420.69/$1 it traded on Wednesday.
This represents a loss of N1.38 for the local currency against the dollar.
At the black market, the naira lost N3 against the dollar, trading at N1,495/$1, compared to the previous rate of N1,492/$1.
READ ALSO:Â Naira sheds N1.34 against dollar at official FX market
The local currency gained N10 against the British Pound to trade at N2,010/£1 as against the previous day’s rate of N2,020/£1.
The naira closed flat against the Canadian dollar to trade at N1,130/CA$1.
It lost N5 against the Euro to trade at ₦1,720/€1, as against the previous day’s rate of ₦1,715/€1.
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Babajide Okeowo
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