Naira Strengthens Against Dollar

Written by O'News Blog

Barely 24 hours Naira was forced to a downward trajectory by dollar scarcity it bounced back, closing at ₦477 to a dollar at the parallel market in Lagos.
The Pound Sterling and the Euro traded at ₦608 and ₦550, respectively
The Naira, however, weakened marginally at the investor’s window, losing one point to close at N386 to a dollar.
The volume of trade at the window shrunk by 1.83 million dollars when compared to Tuesday to close at 18.44 million dollars.
The Nigerian currency exchanged at ₦381 to a dollar at the official CBN window.

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