Again, Naira Falls To Dollar - See Today's Exchange Rate

This is not good!..The naira has continued its downward trend, falling further to 390 to a dollar as against its 385 stand at the close of business on Thursday.

Also, the nation’s foreign reserves took a break from its upward journey, losing about $52 million to stand $30.296 billion from $30.348 billion.

The liquid amount in the reserves is about $29.6 billion and about $674 million being blocked.

The foreign reserves hit $30 billion weeks back – for the second time since President Muhammadu Buhari assumed power in May 2015, and reached its highest point since October 2015.

The naira, which closed at 410 to the euro on Thursday, now trades at 415 to the same currency and at 485 to the British pound as against its last closing price of 470.