The exchange rate closed the week with a mixed performance, as the naira recorded a slight depreciation in the official market but strengthened on the parallel (black) market.
According to data published on the Central Bank of Nigeria (CBN) website, the official rate ended at N1,532/$1 on Friday, slightly depreciating from Thursday’s N1,531/$1.
The currency started the week at N1,529.5/$1 on Monday before weakening to N1,530/$1 on Tuesday.
