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The naira on Thursday appreciated to 313.75 to the United States Dollar at the inter-bank market as against 315 its closed the previous day.
The currency closed at N356 and N414 to the Euro and Pound respectively at the end of closing period on Thursday.
The Central Bank of Nigeria (CBN), Monday, quickly intervened to save the naira, as the currency hit all-time-low at 350 to a dollar equivalent to 77.67 per cent dropped at the inter-bank foreign exchange market.
Meanwhile, the Debt Management Office (DMO) says it will raise N110 billion worth of bonds in three categories on August 17, its first foray into the market since 2013.
Naira Watch: Tracking Nigeria's Currency [Day 35]
Wednesday- Closed: 321.50
Today Open: N322.50
High Rate: N321.50
Low: N313.75
Related: Osinbajo: How We Plan To Get Out Of Economic Mess
The currency closed at N356 and N414 to the Euro and Pound respectively at the end of closing period on Thursday.
The Central Bank of Nigeria (CBN), Monday, quickly intervened to save the naira, as the currency hit all-time-low at 350 to a dollar equivalent to 77.67 per cent dropped at the inter-bank foreign exchange market.
Meanwhile, the Debt Management Office (DMO) says it will raise N110 billion worth of bonds in three categories on August 17, its first foray into the market since 2013.
Naira Watch: Tracking Nigeria's Currency [Day 35]
Wednesday- Closed: 321.50
Today Open: N322.50
High Rate: N321.50
Low: N313.75
Related: Osinbajo: How We Plan To Get Out Of Economic Mess
