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Naira gains on I&E window, stable at parallel market

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South Africa News News

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The currency remained stable at the parallel market.

Naira closed at N408.60 at the Monday trading session of the spot market , this represents a N1.40 or 0.34 per cent appreciation from N410.00, the rate at which it closed at the previous session on Monday.

This happened as turnover skyrocketed by 134.63 per cent, with$123.37 million recorded as against the $52.58 million posted on Monday.

 

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