The Naira, on Monday, November 21, remained stable at the parallel market, exchanging at the same rate of N465 per dollar, as it was on Friday, November 18.
However, the Nigerian currency gained momentum against the Euro, trading at N490 from N500, while it weakened against the pound sterling to N565 from N560.
At the interbank segment of the foreign exchange , the local currency on Monday, November 21, gained 50k trading at N305.00 against the dollar.
Meanwhile, at the the Bureau De Change, BDC, segment of the foreign exchange market, the naira closed at N390 to a dollar, the CBN, controlled rate.
The Pound Sterling traded at N562 at the parallel segment of the forex market, while the naira exchanged for N500 to one Euro.
