Naira is N532.00/$ at the black market

07 Sep Naira is N532.00/$ at the black market

The Naira fell against the U.S. dollar at the unofficial market on Monday, at N532.00 per $1, the lowest it ever traded at the black market.

It traded N530.00 in the past two trading sessions (Thursday and Friday) last week.

However, the currency gained at the Investors and Exporters (I&E) window where the currency is officially traded.

Data posted on the FMDQ Securities Exchange window showed that Nigeria’s currency closed at N411.13 per $1 on Monday.