Nigerian naira hits record intra-day low vs the dollar on spot market

  • The currency opened at 409.93 naira on Monday.
  • Fallen 4.2% in the last trading session of 2020 on the spot market.
Updated 04 Jan, 2021

ABUJA: The Nigerian naira hit a record intra-day low of 412.05 per dollar on the over-the-counter spot market on Monday, its first trading session of 2021, after it slid 11.2% last year, exchange data showed.

The currency opened at 409.93 naira on Monday, having fallen 4.2% in the last trading session of 2020 on the spot market, quoted by foreign investors and exporters.

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