Nigeria’s naira remained stable against the U.S. dollar at the unofficial market on Friday, data posted onThe data posted showed that the naira closed at N485.00 at the black market, the same rate it exchanged hands with the greenback in the previous session on Thursday.Data posted on the FMDQ Security Exchange window where forex is officially traded showed that the domestic unit again closed at N410.00 at the trading session of the NAFEX window on Friday.
This leaves the spread between the parallel market and the official market exchange rate at N75.00 which translates to a gap of 15.46 per cent, the same as that of the previous session on Thursday.
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