On Monday Naira depreciated further against the dollar at the parallel market, losing N2 to exchange at N347 to the U.S. Dollar.
The News Agency of Nigeria (NAN) recalls that the currency traded at N345 to the dollar on Friday
At this time the naira also traded at N370 to the Euro and N460 to a Pound Sterling transactions.
The Bureau De Change (BDC) window, it exchanged at N344.5 to the dollar and N430 to the Pound Sterling rate.
The interbank segment of the market, the naira closed on a positive note of N281.49 to the dollar rate.
The Traders at the market explain forther that they were yet to feel the impact of the floating exchange rate policy of the CBN.
They remarked that the Brexit was still affecting the value of the Pounds at the parallel market price.
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