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Naira Strenghtens Against Dollar At Parallel Market

Naira Strenghtens Against Dollar At Parallel Market
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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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