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Naira loses slightly against dollar, exchanges at 436.33 Naira
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Nigerian companies may have to pay dollar debts in naira due to forex shortage
The Naira on Friday lost slightly to the dollar exchanging at N436.33 compared with N436.32 on Thursday.
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The open indicative rate closed at N433.83 to the dollar on Friday.
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An exchange rate of N437 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33.
The Naira sold for as low as N425 to the dollar within the day’s trading.
A total of 66.02 million dollars was traded at the official Investors and Exporters window on Friday.
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