Naira Sinks to New all-time Low of 365.25 Per Dollar

The Nigerian naira traded at an all-time low of 365.25 to the dollar on Thursday in a single interbank market trade of $1 million, Thomson Reuters data showed.

Interbank trading started two hours after the market opened and offered the currency sharply lower against the dollar. A total of $13 million had been traded by 1235 GMT.

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