The foreign exchange market opened on friday with an indicative rate of N386.36k per dollar,which is a N1.01k loss to the value of Naira when compared with N385.35k opened on thuqday at the Importer and Exporters forex widow.The market closed on thursday with Naira depreciating by N1.88k as the dollar was quoted at N384.50k where it closed on wednesday.At the Black Market,the cost of dollar remained unchanged at N440.The official rate at the Central Bank of Nigeria (CBN) also remained stable at N361 per dollar.
