Naira at parallel market

Nigeria’s currency, Naira, on Tuesday ended at N363.19 to the dollar at the investors window, as market turnover stood at 441.38 million dollars.

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Concise News learned that at the parallel market, the Naira sustained gains, closing at N358 to the dollar.

But the Pound Sterling and the Euro closed at N472 and N411 respectively.

And at the Bureau De Change (BDC) segment, the naira closed at N360 to the dollar, while the Pound Sterling and the Euro traded at N472 and N411, respectively.

The Nigerian currency had remained stable at the parallel market due to aggressive interventions by the CBN and the collaborations of BDCs.