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    Naira Stabilises Against Dollar

    Chronicle EditorBy Chronicle EditorApril 24, 2017No Comments1 Min Read
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    Naira to dollar exchange
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    Naira stabilizes against the dollar
    The naira on Monday stabilised against the dollar at the parallel market.

    The Nigerian currency traded between N380 (buying rate) to N385 (selling rate) on Monday afternoon, maintaining the same rate as at Friday.

    The naira closed at N495 to pound sterling and N415 to Euro at the same segment.

    At the Bureau De Change (BDC) window, the naira was sold at N362 to the dollar, while the pound sterling and the Euro closed at N490 and N420, respectively.

    Trading at the interbank window saw the naira closed at N305.95 to the dollar.

    Traders commended the CBN for sustaining liquidity at the foreign exchange market
    as market volatility was not in the interest of the economy.

    The CBN had remained resolute in boosting liquidity in all the segments of the foreign exchange market.

    The apex bank, had on Friday, created a special window for investors and exporters to have uninterrupted access to foreign exchange, a move stakeholders described as the right direction.

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    Vishwash Kumar Ramesh, the British passenger that survived the Air India plane crash

    Air India crash survivor still traumatized, ‘too frightened to fly’

    September 14, 2025
    Obi celebrates Pope Leo XIV at 70, prays for strength, peace

    Obi celebrates Pope Leo XIV at 70, prays for strength, peace

    September 14, 2025
    TAX ID: No need for separate TIN to operate bank accounts - FIRS

    TAX ID: No need for separate TIN to operate bank accounts – FIRS

    September 14, 2025
    SERAP urges INEC to enforce ban on early election campaigns ahead of 2027 polls

    SERAP urges INEC to enforce ban on early election campaigns ahead of 2027 polls

    September 14, 2025
    Osinbajo hails Hilda Baci for jollof rice Guinness World Record attempt

    Osinbajo hails Hilda Baci for jollof rice Guinness World Record attempt

    September 14, 2025
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