Naira gains marginally against dollar at parallel market

Kindly Share This Story:

The Nigerian currency, naira gained marginally against the dollar at the parallel market in Lagos state.

It gained 50 kobo to close at N358 while the Pound Sterling and the Euro closed at N480 and N418.5 respectively.

At the Bureau De Change (BDC) window, the naira closed at N360 to the dollar, while the Pound Sterling and the Euro closed at N480 and N418.5 respectively.

The naira, however, appreciated at the investors’ window, closing at N361.45, stronger than N361.68 traded last Tuesday, while it was sold at N305.90 at the Central Bank of Nigeria official window.

Meanwhile, the CBN Governor, Mr Godwin Emefiele, at the end of the Monetary Policy Committee (MPC) meeting in Abuja, the nation’s capital said that the country performed well among emerging markets in Africa.

He added that the foreign exchange market had remained stable.


Kindly Share This Story:

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *

amehnews greetings

x