Naira Appreciates, Sells At N361.5 Per Dollar At Parallel Market

The Naira was sold at N361.5

to the Dollar at the parallel

market on Tuesday while the

Pound Sterling and the Euro

sold at N475 and N420



At the Bureau De Change (BDC)

window, the Naira traded at

N362 to the Dollar, slightly

lower than the parallel market

rate, while the Pound Sterling

and the Euro closed at N475

and N420.

Trading at the investor’s

window saw the Naira closed

at N359.38 to the dollar.

Traders at the market said they

expected the Naira to

appreciate further in the

weeks ahead. (NAN)


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