Capital Market Featured Finance

Naira gains marginally against dollar at parallel market

By Meletus EZE

The Naira on Wednesday gained 30 kobo to exchange at N359 to the dollar at the parallel market in Lagos, against N359.30 on Tuesday.

The Pound Sterling and the Euro closed at N464 and N414, respectively.

At the Bureau De Change (BDC) window, the naira traded at N360 to the dollar, while the Pound sterling and the Euro closed at N464 and N414, respectively.

Trading at the investors’ window saw the naira close at N363.06, while it exchanged at N361.10 at the official CBN window.

Meanwhile, the CBN had continued to boost liquidity at the forex market with the injection of 210 million dollars on Tuesday.

 

Related posts

Emefiele: We must tackle oil theft to build  reserves, enhance  naira stability

Our Reporter

UN agency commends Ethiopia’s open-door policy amid higher refugee influx

Editor

Customs generates N38.8bn at Onne in Q1 – Comptroller

Meletus EZE

Buhari approves Monitoring Committee for NDDC

Aliyu DANLADI

SWM 2020: Experts urge adoption of digital technology to transform energy sector

Abisola THOMPSON 

Huge protest targets car industry at Frankfurt motor show

By Abisola THOMPSON