Naira Adds 0.22% Against Dollar at Interbank Market

 

The Naira, on Tuesday, August 30, scooped 0.22% against the Dollar to close at N318.14 compared with the plunge of 1.23% on Monday at N318.93 at the interbank market.

Exchange rates from the Central Bank of Nigeria, CBN showed that the Naira remained stable to the Dollar, selling at N305.5 as on Monday.

The Naira crashed to the Pounds Sterling, selling for N400.7 in contrast to N399.2 on Monday, while the Naira stayed flat to the Euro at N341.2 from N341.3 r yesterday.

However, at the parallel market, the Nigerian currency remained weakened to the Dollar, selling at N417 compared to N412 on Tuesday.

The Naira however gained marginally to the Pounds Sterling to sell at N534 compared to previous rate of N535 while N461 was exchanged for one Euro in contrast to N460 it was exchanged for on Monday.

 

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