Friday 8 February 2019

Naira remains stable in parallel market


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The Naira yesterday appreciated to 361.72 per dollar in the Investors and Exporters (I&E) window.

Data from FMDQ showed that the indicative exchange rate for the window dropped to N361.72 per dollar yesterday from N362.58 per dollar on Tuesday translating to 86 kobo appreciation of the naira.
The naira however remained stable at N358 per dollar in the parallel market.



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