The Naira Depreciates To N362.79/$
The forex market showed a decline following market forces at the exchange commission, indicating that the Naira recorded a mixed performance in different segments of the foreign exchange market on Thursday.
It weakened 0.07 percent at the Investors and Exporters (I&E) forex window, having opened at N362.45, and closed at N362.79.
Investors traded a total of $208.81 million through the I&E window on Thursday.
At the interbank, the Naira/USD spot and SMIS rates remained unchanged at N306.90/$ and N358.51/$ respectively.
The local currency exchanged N360/$ at the parallel, remaining unchanged.