Friday, May 2, 2025

Naira closes at N362.5 to dollar

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Rayyan Alhassan
Rayyan Alhassanhttps://dailynigerian.com/author/rayyan/
Rayyan Alhassan is a graduate of Journalism and Mass Communication at Sikkim Manipal University, Ghana. He is the acting Managing Editor at the Daily Nigerian newspaper, a position he has held for the past 3 years. He can be reached via rayyanalhassan@dailynigerian.com, or www.facebook.com/RayyanAlhassan, or @Rayyan88 on Twitter.
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The Naira on Wednesday exchanged at N362.58 to the dollar at the investors’ window as investors traded a total of 334.34 million dollars at the close of business.

At the parallel market, the naira traded at N362 to the dollar, while the Pound Sterling and the Euro closed at N464 and N411, respectively.

Trading at the Bureau De Change, BDC, segment saw the naira closing at N360 to the dollar, while the Pound Sterling and the Euro closed at N464 and N411, respectively.

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NAN reports that the naira had remained stable at the parallel market due largely to the interventions of the CBN.

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NAN

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