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    Naira appreciates against dollar at parallel Market

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    Anene Peters, Editor Naija247newshttp://Naija247news.com
    Anene Peters is an intern with Naija247news Media. He's focus is on tech and science. He's a graduate of Abia State University with a major in Computer Science and Communications. You can contact him for press events on 0903 927 6505

    Money Market

    Wednesday, 16,2018

    The Naira on Tuesday gained 2.3 points to appreciate against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

    The Nigerian currency traded at N360, stronger than N362.3 posted on Monday, while the Pound Sterling and the Euro closed N497 and N428.

    Trading at the Bureau De Change (BDC) segment showed that the Naira closed at N362 to the dollar, the CBN regulated rate, while the Pound Sterling and the Euro closed at N497 and N428.

    At the investors’ window, the Naira was sold at N361.61, while it exchanged at N305 at the CBN window.

    Across the country, the Naira exchanged as shown in the table and graph below

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