LAGOS: Nigeria's naira eased 4.3 percent against the dollar on Friday to hit a record low after the central bank sold the greenback at a weaker rate to boost interbank market liquidity, traders said.
The naira hit a record low of 295.25 on thin trade, a month after the central bank lifted its currency peg.
A total volume of $12 million traded on the interbank on Friday at an average rate of 290 naira, with traders attributing the sale to a central bank intervention.
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