The Nigerian currency on Wednesday lost 8 points to exchange at N398, while the Pound Sterling and the Euro closed at N485 and N415.
At the Bureau de Change (BDC) window, the Dollar was sold at N362 to the dollar, while the Pound Sterling and the Euro closed at N483 and N430.
Trading at the interbank window saw the Naira closed at N306.2 to the Dollar.
Naira on Tuesday appreciated against the dollar at the parallel market after a sustained one week depreciation.
Naira traded between N380 (buying rate) and N390 (selling rate), stronger than N395 recorded on Monday, while the Pound Sterling and the Euro closed at N480 and N415 respectively.
Wednesday’s dip was despite the intervention by the Central Bank of Nigeria, CBN, on Monday at the different segments of the market.
