Nigerian naira closes 4.46 pct down vs. dlr on last year

LAGOS (Reuters) - The Nigerian naira closed for the year at a five week high on Friday, but it was 4.46 percent down on its opening level at the start of 2011, as months of dollar demand pressure took its toll on the local currency, traders said. The naira closed at 159.10 to the dollar on Friday, its strongest since November 25, traders said, up from 163.15 to the dollar at Thursday's close. But that was down 4.46 percent on the 152 to the dollar on which it opened the year. ...