Wednesday 6 September 2017

DOLLAR DROPS TO N 364 PER $1

Latest figures obtained from trading at the Bureau De change (BDC) window on Wednesday, revealed that the nation's currency, Naira, appreciated against the dollar and pounds sterling.
Image result for images of naira and dollars
File photo
 
The Naira on Tuesday appreciated against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.
 
The Nigerian currency gained N1 to exchange at N364 to the dollar, stronger than N365 posted on Friday, while the Pound Sterling and the Euro closed at N470 and N430.
 
Trading at the Bureau De change (BDC) window saw the Naira closing at N362 to the dollar, while the Pound Sterling and the Euro traded at N470 and N430.
 
At the investors’ window, the Naira was sold at N360.39 to the dollar, while it exchanged at N305.8 to the dollar at the interbank market.
 
Traders said that activities at the market was yet to resume fully as most traders were yet to come come back from the Sallah break.
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