Naira Gains 30k Against Dollar

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Naira To Appreciate As CBN Plans To Pump More Dollar Into Forex Market

Naira Gains 30k Against Dollar At Parallel Market

The local currency Naira on Wednesday, August 29,  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.

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

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

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism. If you ever find my article unduly insipid, sue me and i’ll refund you...

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