Naira steady at N360 to dollar at parallel market


The naira stayed steady versus the dollar at the parallel market in Lagos on Friday, still exchanging at N360 to the dollar.

The naira was, nevertheless, traded versus Pound Sterling and the Euro at N478 and N417, respectively.


At the Bureau De Modification (BDC), the naira was cost N360 to the dollar, while its rates versus the Pound Sterling and the Euro were N478 and N417, respectively.

At the financiers’ window, the naira closed at N36412 versus the dollar where a market turnover of 295.08 million dollars was accomplished.

Dollar pares losses as equity sell-off alleviates.

The naira closed at N30645 to the dollar at the main CBN window.

Traders stated that the marketplace had actually stayed active as political activities had actually started slowly throughout the nation.