Nigeria naira fell to new lows on official and spot markets - REUTERS

MARCH 26, 2020

ABUJA, March 26 (Reuters) - The Nigerian naira eased to a new low on both the official and over-the-counter spot markets on Thursday after the country's central bank last week depreciated its currency rate.

The naira weakened to 361 on the official market, supported by the central bank, while the currency hit 383.25 naira on the spot market.

Traders on Thursday said most of them were switching to remote dealing due to a spread of the coronavirus outbreak in the West African country. (Reporting by Chijioke Ohuocha; Editing by Alison Williams)

This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics