Nigeria Currency (Naira) Appreciates Against Dollar

The Naira on Tuesday favored against the greenback at the parallel market, the News Agency of Nigeria (NAN) reports.

The Nigerian forex won N1 to alternate at N364 to the dollar, stronger than N365 posted on Friday, whilst the Pound Sterling and the Euro closed at N470 and N430.

Trading at the Bureau De change (BDC) window noticed the Naira closing at N362 to the dollar, while the Pound Sterling and the Euro traded at N470 and N430.

At the investors’ window, the Naira was bought at N360.39 to the dollar, whilst it exchanged at N305.8 to the greenback at the interbank market.

Traders stated that things to do at the market used to be but to resume totally as most traders have been but to come come back from the Sallah break. (NAN)