The Naira on Friday at the parallel market
depreciated against three international
currencies at the close of trading for the week.
A on Friday in Lagos showed that the Naira
depreciated by N1 or 0.45 per cent against the
dollar due to high demand. It sold for N221
against the dollar from the N220 it sold on
Monday, June 15.
The Naira also lost N27 to sell at N352 to the
pound, representing 8.31 per cent depreciation
from the N325 it traded on June 15.Besides,
the Naira against the euro went for N245
compared with the N238 it sold on June 15,
representing N7 or 2.97 per cent drop. The
Naira against the dollar at Central Bank of
Nigeria (CBN) official rate remained at N196.90,
the rate since June 11.
But it fell by N7.96 or 2.61 per cent to the
pound, selling for N313.31 from the N305.31 it
sold on June 15. The currency also depreciated
against the euro to sell for N224.58 compared
with the N220.74 it traded on Monday.
A bureau de change operator, Mr Harrison Owoh
said that the depreciation in all segments was
due to a shortfall between demand and the
foreign exchange available for sale. Owoh, who
is the Managing Director of HJ Trust Investment
Ltd., Lagos, said that a further shortfall in forex
supply may lead to further depreciation.


http://www.vanguardngr.com/2015/06/naira-depreciates-against-major-currencies/

Ok

We always survive..proudly Nigeria...no shaking