The Naira on Wednesday, October 5, leaped against the dollar in all the segments of the foreign exchange market. The Nigerian currency scooped 9.97 points to exchange at N310.24 from N320.21 it recorded on Tuesday, October 4, representing an appreciation of 3.1 per cent.
At the parallel market, the naira gained a point against the dollar exchanging at N475 from N476 posted on Tuesday, while it closed against the Pound Sterling and the Euro at N590 and N510, respectively.
At the Bureau De Change (BDC) segment of the market, the naira traded at N354 against the dollar, and at N580 to the Pound Sterling and N510 to the Euro.
According to traders at the market, the sale of foreign exchange to BDCs was already easing the liquidity challenges at the market.
