Capital Market Featured Finance

Naira closes at N362.57 to dollar at investors window

The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos.

Turnover at the window stood at 293.60 million dollars.

The currency was N359 to dollar at the parallel market in Lagos, while it was exchanged at N445 and N397 to the pound sterling and Euro, respectively.

At the Bureau De Change (BDC) window, the naira closed at N359 to the dollar, while it was N445 and N397 to the pound sterling and Euro,  respectively.

The naira had remained stable at the parallel market in Lagos due largely to the interventions of the CBN.

Meanwhile, turnover at the investors window at the end of July rose from 2.9 billion dollars in June to 4.12 billion dollars in July.

 

Related posts

Group urges measures to tackle dwindling fortunes in oil palm sector

Abisola THOMPSON

Dismantling the Myths of 3.5 GHz Spectrum Auction

Our Reporter

Marginal oilfields: Ijaw leaders urge Petroleum Ministry to respect court order

Our Reporter

FG confirms N20tn pension fund safe

Editor

Experts canvass strict monitoring of tax revenue expenditures

Our Reporter

Naira gains against dollar at parallel market

By Aliyu DANLADI