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Home Featured

Naira Strengthens Against Dollar

by ReportersAtLarge
August 20, 2020
in Featured, News
Reading Time: 1 min read
0
Naira and dollar
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Barely 24 hours Naira was forced to a downward trajectory by dollar scarcity it bounced back, closing at N477 to a dollar at the parallel market in Lagos.

The Pound Sterling and the Euro traded at N608 and N550, respectively.

The Naira, however, weakened marginally at the investor’s window, losing one point to close at N386 to a dollar.

The volume of trade at the window shrunk by 1.83 million dollars when compared to Tuesday to close at 18.44 million dollars.

The Nigerian currency exchanged at N381 to a dollar at the official CBN window. (NAN)

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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

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