Business Nigeria - 17/05/2016: Today's Naira Rate Against The Dollar, Pounds And Euro

[mrsam]

Nigerian naira gained slightly at the open of forex market on Wednesday at 385 to the United States dollar.

Table below shows today's (17/05/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro



Meanwhile, the Central Bank of Nigeria (CBN) injected $457.3 million into various segments of the market.

Isaac Okorafor, CBN spokesperson, in a statement in Abuja, said that both the spot and forwards segments garnered $267.3 million while the wholesale segment got $100 million.

Okorafor said the small and medium enterprises (SMEs) and invisibles segments comprising basic travel allowance, tuition fee and medical got $50 million and $40 million respectively.

 

[Mary Bola]

Fine. Even it is slightly let naira continue to gain and SME's continue business and the effect will be seen.

 

[Ukamaka]

There is still hope