The Naira, on Wednesday, November 2, stabilised at N304.75 against the U.S dollar at the official Spot FX or Interbank market.
Meanwhile, the Nigerian Currency took a dip at the parallel market, shedding five points to exchange at N470, from the rate of N465 which it traded for on Tuesday,,November 1.
Also at the parallel segment of the money market, the local currency traded at N565 to the British Pound Sterling while it traded at N510 to the Euro.
However, at the Bureau De Change window, the naira exchanged at N385 to a dollar, which is the Central Bank of Nigeria, CBN controlled rate.
On the other hand, the naira exchanged at N564 to one British Pound Sterling and traded for N509 to the Euro at the Bureau De Change segment of the money market
The USDNGN changed -0.08% during the last week, -0.16% during the last month and +52.61% during the last year.
