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Monday, 16 April 2018

Naira maintains strength against Dollar at parallel market naira.

The local currency, however, slipped against Euro - The Naira closed at N363 to a Dollar, N445 to Euro while the Pound traded at N510 The Nigerian Naira on Monday, April 16, retained its strengthened rate at the parallel market against Dollar. According to  our sources findings, the local currency maintained the same rates of N363 against Dollar, as it was last week, but slipped against Euro. Last week the Central Bank of Nigeria (CBN) was mopping up naira liquidity to curb speculation on the currency, The Punch reports. 

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