Naira tumbles to 715 against pound sterling
The Nigerian currency weakened to 715 against the pound sterling at the parallel market on Tuesday from 710/£1 on Monday.
The Nigerian currency weakened to 715 against the pound sterling at the parallel market on Tuesday from 710/£1 on Monday.
The naira remained unchanged at 502 against the dollar but strengthened to 605 against the euro, compared to 607/€1 on Monday.
Markets Reporters had reported on Friday that the naira fell to a record high of 502 per dollar at the parallel market from 499/$1 on Thursday. It tumbled to 710 per pound and 608 per euro from 703/£1 and 602/€1 on Thursday.
Our standardsReported and edited by the Markets Reporters newsroom. How we workUse of AISummaries, audio and Ask MR answers are generated from our reporting and labelled. Reporting and writing are human.CorrectionsSpotted an error? Tell us — we correct and note it.
Free newsletter
