The Naira on Tuesday, November 1, scooped three points at the parallel market to close at N465 to a dollar against N468 posted on Monday, October 31.
The local currency also exchanged at the rate of N560 to one Pound Sterling and closed at the rate of N510 to one Euro on Tuesday.
Meanwhile, at the interbank market, the naira extended its gains scooping N4.06 to exchange N304.75, from N308.81 which it traded for on Monday, October 31.
Traders at the market posited that liquidity at the market was being boosted by the weekly sale of Forex by Travelex and First Bank of Nigeria.
At the Bureau De Change window, the Nigerian currency traded at N385 to a dollar, which is the controlled rate, of the Central Bank of Nigeria, CBN.
Still going by the apex bank’s control rate, the Pound Sterling traded at N565, while the Euro on the other hand traded for N504.
