The naira settled at N2,205/£ against the British pound sterling on the informal market on Sunday. The Nigerian...
A bleak economic outlook and the most recent surge in the value of the US dollar have caused the pound to decline to its lowest point in over four decades.
The U.S. Dollar Index inched lower by 0.04% to trade at 90.843 index points.
The U.S dollar index is on track for a 0.5% weekly gain following record-buying at the start of the week
The U.S. Dollar Index which tracks the greenback against a basket of major currencies inched up 0.05% to 90.4020.
The U.S dollar index used to track the greenback's strength against major currencies gained 0.4% to trade at 90.377.
U.S. Dollar Index traded at 90.427 points hitting its lowest level since April 2018,
The U.S. Dollar Index traders use in tracking the greenback's relative strength against a basket of other major currencies dipped lower by 0.11%.
Currency traders' recent moves in the money market will continue to put the U.S dollar under pressure in the short term.
The U.S. Dollar Index, which monitors the greenback's strength against a basket of major currencies dropped 0.14% to trade at 92.263 points.
U.S dollar index used to gauge the greenback's strength against 6 major currencies lost about 0.2% to settle at 92.710.
The U.S. Dollar Index that tracks the greenback against a basket of major currencies was up 0.16%.
