The Naira is opening the week at N419.75 against the US Dollar at the Investors and Exporters (I&E) segment of the foreign market (forex), IgbereTV reports
This is as the Naira suffered a loss of 25 kobo or 0.06 per cent on Friday when compared to the N419.50/$1 it was traded on Thursday.
FMDQ Securities Exchange data showed that the value of transactions at the forex window on Friday stood at $574.35 million.
However, at the interbank segment of the currency market, the value of the Naira closed flat against the British Pound Sterling on Friday at N521.94/£1 and against the Euro, it also remained unchanged at it was traded at N444.42/€1.
While at the Peer-to-Peer (P2P) FX window, Naira appreciated against the greenback yesterday by N2 or 0.33 per cent to settle at N608/$1 compared with the previous day’s N610/$1.