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Nigerian Naira Continues to Appreciate Against US Dollar

Nigerian Naira Continues to Appreciate Against US Dollar

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The Naira has continued to appreciate against the dollar at the parallel market.

The Nigerian currency on Tuesday afternoon traded at N420 (buying rate) and N430 (selling rate), while the Pound Sterling and the Euro closed at N530 and N450 respectively.

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Trading on the floor of the Bureau De Change (BDC) showed that the Naira closed at N400 to a dollar, while the Pound Sterling and the Euro traded at N545 and N480 respectively.

The Naira remained stable at the interbank market, exchanging at N307.50 to a dollar.

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