Naira loses 10 kobo to N360 against Dollar at Parallel Market

The Naira weakened against the Dollar at the parallel market segment of the Nigerian foreign exchange market, the cash rate depreciated by 10k to close at N360.50/$, while the transfer rates remained unchanged at and N363.50/$.

At the Interbank, the Naira/USD appreciated by 5k to close at N306.90/$, while the SMIS rates remained unchanged at N358.51/$.

Also, the local currency strengthened at the Investors and Exporters (I&E) forex window, appreciating 5 kobo to  N362.43/$.