Naira Crashes Further Against Foreign Currencies...See Latest Value

 

On Friday evening, the Nigerian naira crashed against the American Dollar as it exchanged at N463/$1 at the parallel market. 

 

The naira lost N1 as it had exchanged N462/$1 yesterday at the parallel market.

 

 

The Naira also crashed to N555 against the Pound from the previous rate of N550 and weakened to N480 per Euro as against the previous rate of N477. This is coming despite the Central Bank of Nigeria's new forex policy of injecting billions of dollars into the Forex market.