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Naira Strenghtens Against Dollar At Parallel Market

Naira Strenghtens Against Dollar At Parallel Market

The naira further strengthened against the dollar yesterday at the parallel market.

It traded at N364 to a dollar in the parallel market – one naira less than the previous day which closed at N365

According to reports, the parallel market exchange rate dropped consecutively due to a frail demand for the dollar.

In a similar vein, the naira also appreciated in the Investors and Exporters window, closing at N368.6 to the dollar – gaining a 90 kobo appreciation on the N369.5 of the previous day.

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