How Naira Fared Against Dollar On Sept 26

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

How Naira Fared Against Dollar On Sept 26

The Nigerian currency Naira on Wednesday, September 26, depreciated marginally against the dollar at the investors’ window, trading at N364, weaker than N363.72 posted on Tuesday.

It was gathered that 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.

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...

Leave a Response

This site uses Akismet to reduce spam. Learn how your comment data is processed.