logo-profile

OTICE

.COM

.NG


Home of Nigeria Latest News and Updated Information

How Naira fared against dollar on Wednesday

user_icon Posted by:
Tiamiyu Saheed Oluwatosin
views-icon Views:
46
like-icon Page likes:
0
dislike-icon Page dislikes:
0
comments-iconComments:
0
calendar-icon Posted on: 2019-07-07 04:00:04
share-icon Share(s):
0
NAIRA-DOLLAR-EXCHANGE



The Naira on Wednesday in Lagos gained marginally against the dollar at the parallel market, closing at N359.3 to the dollar.

The News Agency of Nigeria (NAN) reports that the Naira shed 20 Kobo from N359.5 traded on Tuesday, while the Pound Sterling and the Euro exchanged at N463 and N408 respectively.

At the Bureau De Change (BDC) segment, the naira was sold at N360 to the dollar, while the Pound Sterling and the Euro exchanged at N463 and N408 respectively.

Trading at the investors window saw the naira closing at N360.75 to the dollar. Market turnover at the window stood at 278.18 million dollars.

DO YOU KNOW >>> Kano Assembly calls for speedy reopening of international airport

READ ALSO >>> Two arrested for alleged dollar fraud in Ogun

The naira exchanged at N306.90 to the dollar at the official CBN window.

Meanwhile, the CBN said it would continue with the managed float foreign exchange policy to ensure that the naira remained stable.

The Apex bank had continued its interventions at the foreign exchange market to shield the Naira from the onslaught of currency speculators.

READ ALSO >>> Naira Marley deserved to win not Mayorkun – CDQ - 14th Headies

BREAKING >>> Kano Assembly calls for speedy reopening of international airport


For All Nigeria Past Questions Visit www.QUESTION.NG

Kindly share this post on different Social Media below


Tags:


COMMENTS

NOTE: User comments in this section are, as the name implies, provided by users of this website. The question.ng team is not responsible for, nor do they endorse, any of the information provided here.


NO POSTED COMMENT