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Naira maintains N363 strength against Dollar

Naira maintains N363 strength against Dollar

- The Naira maintains rate against Dollar at parallel market

- The local currency, however, slipped against Pound

- The Naira closed the day at N363 to a Dollar, N445 to Euro while the Pound traded at N507

The Nigerian Naira on Thursday, April 26, maintains it's rate against the American Dollar which it traded at as at yesterday evening, April 25.

According to Legit.ng findings, the local currency maintained the rate N363 per US dollar at the parallel market but weakened against Pound.

Meanwhile the Naira on Wednesday weakened against the dollar at the investors’ window, the News Agency of Nigeria (NAN), reports.

Naira maintains strength against Dollar at parallel market

Naira maintains strength against Dollar

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The Nigerian currency lost 51kobo to exchange at N360.51, weaker than N360 traded on Tuesday, while the naira closed at N305.56 at the CBN window.

At the Bureau De Change (BDC) window, the naira closed at N362 to the dollar, while the Pound Sterling and the Euro traded at N505 and N445, respectively.

Trading at the parallel market saw the naira exchange at N363 to the dollar, while the Pound Sterling and the Euro traded at N505 and N445, respectively.

The CBN has injected 210 million dollars to boost liquidity at the foreign exchange market.

Can N1 ever become $1 again at Forex Market? on Legit.ng TV.

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Source: Legit.ng

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