The Naira on Monday,August 22, appreciated further by 2.47% against the Dollar to close at N308.73 at the spot FX or interbank market.
This is in contrast to Friday’s appreciation of 1.54% when N316.55 was exchanged for one Dollar according to trading information from the Financial Market Dealers Quote, FMDQ.
At the parallel market, the Nigerian currency weakened to the Dollar selling at N397 compared to N395 it sold for on Friday,August 19.
It however remained stable to the Pounds Sterling at the parallel market, trading at N510 and declined further to the Euro at N443 compared to N440 it was exchanged for on Friday.
