Markets

Nigeria's naira hits new record low of 187.55 against dollar

Published December 2, 2014 Updated December 2, 2014 08:22am

1 min

By Shoaib Ur Rehman

Add BRecorder as a trusted
source on Google

LAGOS: Nigeria's naira opened at new record low against the dollar on Monday, down 0.3 percent from previous close, then slid further as demand for the greenback continued unabated, dealers said.

The naira opened at 184.60 to the dollar and quickly fell to 187.55, Thomson Reuters data showed.

Read Comments