News: Naira to Dolla Reduces at N359.3 to at the parallel market

News: Naira to Dolla Reduces at N359.3 to at the parallel market

Nigeria’s Naira currency has on Monday 8th July 2019 traded at the exchange rate of N359.3 to the dollar at the parallel market in Lagos, Nigeria.

Furthermore, At the Bureau De Change (BDC) segment, it exchanged at N360 to the dollar.

While on the other part, the Pound Sterling and the Euro closed at N463 and N407, respectively.

Trading at the investors’ window saw the naira closing at N360.89 to the dollar as market turnover stood at 98.03 million dollars.

However, the naira had remained stable at the foreign exchange market due largely to the interventions of the CBN.

In conclusion, the Apex bank has not relented in its weekly injection of Forex to the market in the defense of the naira. (NAN)

Comments are closed

Leave a Reply

Your email address will not be published. Required fields are marked *