The Naira slipped on Thursday to N462.00 per dollar at the official market, a day after it recorded a slight gain at the spot market.
The local currency has experienced lows across both the authorised and unauthorised markets in recent months, amidst dollar and naira scarcity due to the Central Bank of Nigeria’s currency redesign policy.
Market data posted Thursday revealed that within the day’s business session, the local currency hit a low of N462.11 per dollar, down from N461.50. It later climbed to a high of N446.00 before closing at N462.00 on Thursday.
