The Naira slumped marginally against the United States dollar on Thursday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the domestic currency traded at N1, 485.36/$1 on Thursday.
That was N2 higher than the N1, 483.02/$1 it traded on Wednesday.
The intra-day high and low recorded during the day was N1, 495/$1 and N1, 434/$1 respectively, representing a very lean spread of N61/$1.
Similarly, the Naira slumped against the dollar at the parallel section of the market to trade at N1,490/$1 as against the N1,483/$1 it traded the previous trading day.
In the same vein, the Naira closed flat against the British Pound to trade at N1,900/£1 same as the previous trading day’s rate of N1,900/£1.
For several weeks consecutively, the Canadian dollar closed flat against the Naira to trade at N1,200/CA$1.
The Naira also lost N5 against the Euro to trade at N1,580/€1 as against the previous trading day’s rate of N1,575/€1.
