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Home Featured

Naira Strengthens Against Dollar

by ReportersAtLarge
August 20, 2020
in Featured, News
Reading Time: 1 min read
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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.

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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.

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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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