Business Naira Appreciates Against Dollar

  • Thread starter Thread starter LequteMan
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LequteMan

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The Naira on Monday appreciated against the Dollar at both the official and parallel markets.

A survey in Lagos showed that the Naira against the Dollar was traded at between N191 and N190 respectively at both markets.

Naira gained N2 to the Dollar from the N193 and N192 it sold on Dec. 24.

The Naira was sold at N191 to the Dollar at the Bureau De Change (BDCs) from N193 on Dec. 24.

It was traded at N190 to the Dollar at the black market since last week.

The Naira, however, remained stable at N168 in the Central Bank of Nigeria (CBN) since Dec.24.

It equally remained firm against the Pound Sterling at the official market of N260.36k.

The Naira also appreciated against the Pound Sterling at the BDCs, trading at N292, or a gain of N2 from the N294 it sold on Dec. 24.

The Naira was also sold at N293 to the Pound Sterling at the parallel market since Dec.24.

#Nigeria #Naira

naira dollar.jpg
 
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