Nigerian naira weakened to 364 per dollar on Friday, from a quote of 363.50 its previous day as falling oil prices worsened liquidity woes on the currency market, traders said.
The dollar shortage was initially caused by a slowdown of foreign inflows after local debt market yields declined.
The naira broke through a resistance level of 363 it has been quoted at since this week as the liquidity pressure worsened, traders said. (Reuters)
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