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Naira Sells At N359 To Dollar At Parallel Market

by Damilare Salami
naira, forex, cbn, DOLLARS,

The naira on Thursday was sold at N359.3 to the dollar at the parallel market in Lagos.

The pound sterling and the euro closed at N450 and N396, respectively.

At the bureau de change (BDC) segment, the naira traded at N359.3 to the dollar, while the pound and the euro closed at N450 and N396, respectively.

Trading at the investors’ window saw the naira closing at N363.31 as market turnover stood at 333.52 million dollars.

Meanwhile, the naira has remained stable at the parallel market in Lagos as the Central Bank of Nigeria (CBN) continued to intervene in the market.

The apex bank had on Tuesday injected $210 million into the market, News Agency of Nigeria reports.

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