Business Nigeria: Naira Appreciates Against Dollar at Parallel Market

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LequteMan

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The naira on Monday rebounded against the dollar, gaining three unites to exchange at 490 per dollar.

The currency ended last week at 493 to the green back.

At the Bureau De Change (BDC) window, the Naira closed at N399, CBN rate, while the Pound Sterling and the Euro traded at N599 and N510, respectively. Trading on the floor of the inter-bank market saw the Naira stable at N305.00.
 

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