The naira depreciated to N480 to the
dollar on the foreign exchange (FX) parallel market wednesday, from the
N475 to the dollar it was the previous day.
The renewed slide of the nation’s
currency on the unofficial arm of the market was attributed to the
scarcity of the greenback, owing to the raid and arrest of operators in
the segment of the market by security operatives.
But on the Bureau De Change (BDC)
segment, the naira went for N400 to the dollar yesterday, while on the
interbank FX market, the spot rate of the naira remained unchanged at
N305 to the dollar wednesday.
Meanwhile, the Central Bank of Nigeria
(CBN) and the Hong Kong authorities have issued warning to the general
public on the circulation of fake hundred banknotes of Hong Kong Dollar
(HK$100) in the country.
The counterfeit notes are reportedly
printed on normal A4 paper using inkjet printers resulting in poor
quality, lacking embossment and the feel of security features.
Furthermore, the silver marks were stuck on the notes to appear like the holographic security thread on the real bills.
A circular to the general public and
operators posted by on the CBN website and signed by CBN acting
Director, Trade and Exchange Department, W. D. Gotring added that the
HK$100 numerals failed to turn gold and green when viewed from different
angles.
The circular however, provided the public
with useful qualities of a genuine Hong Kong Dollar banknote including
the holographic windowed thread showing a complete metallic thread when
viewed under light and the fact that when rubbed on the surface, the
bill gives an embossed feeling.
Also, the colour and features of the banknotes shift when viewed at different angles.
“In light of the above, members of the
public are enjoined to report any suspected fake Hong Kong Dollar to
relevant security agencies for necessary action,” the CBN added.
0 comments:
Post a Comment