Friday, February 19, 2021

Naira firms against dollar

Headline

Avatar
Jaafar Jaafarhttps://dailynigerian.com/
A graduate of Mass Communication from Bayero University, Kano. He was a reporter at Daily Trust, an assistant editor at Premium Times and now the editor-in-chief o Daily Nigerian
tiamin rice

The Naira on Monday appreciated against the dollar at the parallel market.

The Nigerian currency gained three points to exchange at N388 to the dollar, stronger than N391 it traded on Friday, while the pound sterling and the Euro closed at N495 and N425.

At the Bureau De Change (BDC) window, the Naira was sold at N362 to the dollar, while the pound sterling and the Euro closed at N495 and N423.

Trading at the interbank market showed that the Naira closed at N305.7, while the pound sterling and the Euro closed at N453.18 and N386.28.

The renewed strength may not be unconnected to the CBN liquidity boost at the foreign exchange market.

Subscribe to Our VIP Newsletter

Related News

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

cosgrove