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Naira gains, exchanges for N565/$1 at parallel market | TheCable

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Naira gains, exchanges for N565/$1 at parallel market | TheCable
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The Nigerian naira gained marginally against the US dollar at the parallel market on Wednesday to trade at N565 per dollar.

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December 22, 2021 3:56 PM

The CBN has consistently maintained that the parallel market represented less than one percent of foreign exchange transactions and should never be used to determine Nigeria’s naira/dollar exchange rate.

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Naira gains at official marketNaira gains at official marketCurrency dealers at the black market in Uyo, said they exchanged the naira again at N568.00 to a dollar and sold at N572.00.
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