Nigerian Naira Strengthens in Parallel Market Amid Currency Fluctuations

The Nigerian naira appreciated to N1,395 against the US dollar in the parallel market, showing a slight recovery while remaining stable in the official foreign exchange window.

4 Sept, 21:47 — 4 Sept, 21:47

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vanguard-ngMixed9h ago

Naira appreciates to N1,395/$ in parallel market

By Elizabeth Adegbesan The naira appreciated to N1,395 per dollar in the parallel market yesterday from N1,405 on Thursday, strengthening by N10 against the dollar. However, the currency remained stable at N1,322.5 per dollar in the Nigerian Foreign Exchange Market, NFEM, according to data from the Central Bank of Nigeria, CBN. Consequently, the gap between […] The post Naira appreciates to N1,395/$ in parallel market appeared first on Vanguard News.

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Nigerian Naira Strengthens in Parallel Market Amid Currency Fluctuations

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Naira appreciates to N1,395/$ in parallel market

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