The Naira, on Monday, August 15, appreciated by 4.44 percent at the spot Fax market to close at N317.34 to one dollar as activities at the spot FX market remain positive.
The local currency surged from last Friday’s N332.07 according to trading information from the Financial Market Dealers Quote, FMDQ.
At the parallel market the US Dollar was bought from market operators at N385 and sold at N393, the Euros was bought at N420 and sold at N423 while the Pound Sterling was bought at the rate of N505 and sold at N510.
