Naira strengthens against dollar at parallel market - Economy
The Naira on Monday slightly strengthened against the dollar at the
parallel market, in spite of scarcity of the U.S. dollar.
The Naira gained one point to exchange at N305 from N306 it exchanged
previously.
At the official market, the Nigerian currency closed at N197 to the dollar.
Traders in the parallel market, however, noted that the naira had
remained stable, exchanging between N305 and N306 to the dollar.
parallel market, in spite of scarcity of the U.S. dollar.
The Naira gained one point to exchange at N305 from N306 it exchanged
previously.
At the official market, the Nigerian currency closed at N197 to the dollar.
Traders in the parallel market, however, noted that the naira had
remained stable, exchanging between N305 and N306 to the dollar.
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