Capital Market Featured Finance

Naira gains marginally against dollar at parallel market

By Aliyu DANLADI

The Naira, on Monday, gained 50 kobo against the dollar to close at N360.

The Pound Sterling and the Euro traded at N462 and 411, respectively.

At the Bureau De Change (BDC) segment, the dollar was sold at N360, while the Pound Sterling and the Euro traded at N462 and N411, respectively.

Trading at the investors’ window saw the naira closing at N364.3 as market turnover stood at 148.67 million dollars.

CBN has continued to inject liquidity at the foreign exchange market in defense of the naira.

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