The Naira on Monday, May 9, maintained its Friday rate, trading at N321 to the dollar at the parallel market.
The nation’s currency’s “stability’’ at N321 had remained for about one week despite Friday’s 2016 budget signing which impacted activities in the capital market.
However, the naira appreciated against the Pound Sterling and the Euro as it exchanged at N465 and N362, respectively, from N467 and N365 it traded over the weekend.
Meanwhile, the official Central Bank of Nigeria, CBN, rate remained at N197 to the dollar.
