The Naira regained
strength against the dollar at the parallel market on Tuesday, closing at N398
to the dollar.
Naira
appreciated from the N410 it posted at the segment on Friday
The Nigerian
currency traded at N497 and N430 to the pound sterling and Euro, respectively,
at the segment.
At the Bureau De Change
(BDC), the dollar was sold at N362 to the dollar, while the pound and the Euro
closed at N495 and N428, respectively.
Trading at
the interbank saw the naira closing at N306 to the dollar.
Traders
still expressed optimism that the naira might sustain its appreciation against
the dollar as the CBN maintained its liquidity boost to all the segments of the
market.
No comments:
Post a Comment