Capital Market Featured Finance

Naira depreciates marginaly against dollar at investors’ window

By Thompson ABISOLA

The Naira on Wednesday depreciated marginally against the dollar at the investors’ window, trading at N364, weaker than N363.72 posted on Tuesday.

Market turnover stood at 264.04 million dollars, while it traded at N306.35 to the dollar at the official CBN window.

At the parallel market, the Naira closed at N359.5 to the dollar, while the Pound Sterling and the Euro closed at N482 and N421.

Trading at the Bureau De Change(BDC) window saw the Naira close at N360 to the dollar, while the Pound Sterling and the Euro closed at N482 and N421.

The Nigerian currency remained stable at the market largely due to series of interventions by the CBN.

Related posts

Addressing irregular unemployment data for improved governance

James Emejo

18.75% MPR: manufacturers lament as savers revel 5.24% interest on savings

Editor

First Bank directors fired to protect customers, minority shareholders – CBN

Editor

China plane carrying 132 people crashes in Guangxi province

Our Reporter

LADOL, Mammoet partner to expand cargo, logistics handling in W/Africa

Meletus EZE

Amidst darkness, Discos reject 8,244MW in one week

Our Reporter