Naira exchanges at N359 to dollar at parallel market

📆 8/19/2019 11:50 PM
📰 MobilePunch

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The pound sterling and the euro closed at N445 and N396, respectively. At the Bureau De Change segment, the naira was sold at N358.

6, while the pound sterling and the euro closed at N445 and N396, respectively.

Trading at the investors’ window saw the naira closing at N363.32 as market turnover stood at 477.04 million dollars.News Agency of Nigeria reports that the naira had remained stable at the parallel market, due largely to the interventions of the CBN. As the rate stands, it appears the parallel market rate determines the prevailing rate for most buyers.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Traders clean Ladipo market - The Nation NewspaperTraders at the weekend cleaned Ladipo market in Mushin, Lagos Mainland. The traders, across all the units of the market, for about five ,,,,
Source: TheNationNews - 🏆 6. / 69 Read more »