Business Nigeria: Naira Appreciates Against All Major Currencies at Parallel Market

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LequteMan

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The Nigerian Naira on Monday gained against the Dollar, Pounds and the Euros at the black market.

The currency gained three points to exchange at N460 against the dollar, from N463 it opened trading on Monday.

It also gained against the Pound Sterling and the Euro closed at N550 and 476, respectively.

At the Bureau De Change window, the Naira was sold at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro traded at N547 and N482, respectively.

At the interbank market, the Naira depreciated to N306.00 to a Dollar as against N305.50kobo pegged by the Central Bank of Nigeria.
 

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