Naira Appreciates To N358 In Parallel Market

Naira Appreciates To N358 In Parallel Market

The Nigerian-British Chamber of Commerce - Naira Appreciates To N358 In Parallel Market
Finance February 3, 2019

The Naira, yesterday, appreciated to  N358 .5 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux de change Operators of Nigeria (ABCON), the parallel market exchange rate fell to N358 per dollar yesterday from N360 per dollar the previous week, indicating N2 appreciation for the naira. The naira similarly appreciated  by 13 kobo in the Investors and Exporters (I&E) window with investors trading $225 million.

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