Naira Appreciates Against Dollar at Parallel Market...See Latest Exchange Rate | Touch Latest Local,World,Tech,Entertainment,Health,Sport News
18 February 2018 00:00:00 AM Breaking News

• NIGERIA

Naira Appreciates Against Dollar at Parallel Market...See Latest Exchange Rate


The Naira on Monday appreciated against the dollar at the parallel market, the News Agency of Nigeria reports.

The Nigerian currency gained three points to exchange at N388 to the dollar, stronger than N391 it traded on Friday, while the pound sterling and the Euro closed at N495 and N425.

At the Bureau de Change window, the Naira was sold at N362 to the dollar, while the pound sterling and the Euro closed at N495 and N423.

Naira_nigeria

Trading at the interbank market showed that the Naira closed at N305.7, while the pound sterling and the Euro closed at N453.18 and N386.28.

Currency traders said the liquidity boost at the FOREX market had forced the naira to appreciate. 

-NAN

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