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Naira stable at N360.5 to dollar at parallel market

Naira crunch: Nigerians beg banks to dispense N100, N50 bills
Naira crunch: Nigerians beg banks to dispense N100, N50 bills

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The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos.

Naira Notes

The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos.

The Pound Sterling and the Euro closed at N469 and N408 respectively.

At the Bureau De Change (BDC) segment, the naira traded at N360 to the dollar, while the Pound Sterling and the Euro was sold at N469 and N408 respectively.

Trading at the investors’ window saw the naira closing at N363.03 to a dollar, while market turnover stood at 231.46 million dollars.

NAN reports that the CBN had continued to inject liquidity to the market in defence of the naira.

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