By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay NewsOkay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Naira Appreciate Against Dollar At Parallel Market
Font ResizerAa
Font ResizerAa
Okay NewsOkay News
Search
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
2026 © Okay International Limited - All rights reserved
BusinessNews

Naira Appreciate Against Dollar At Parallel Market

By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
June 21, 2016 - 5:56 pm
Share
Okay News
Okay News
SHARE

Naira-Dollar-1-1-1-1-1-1-2-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1-1

The Naira on Tuesday appreciated further against the dollar at the parallel market.

The Nigerian currency gained N9 at the close of trading on Tuesday to exchange at N335, from N344 it traded on Monday.

The Naira also appreciated against the Pound Sterling and the Euro as it traded at N450 and N356 respectively.

- Advertisement -

Meanwhile, the Naira also exchanged at N281.85 at the official interbank rate at the end of trading on Monday.

Traders at the market said that the consolidated appreciation of the Naira at the market reflected the impact of the flexible exchange rate.

They added that the new foreign exchange policy had the potential of frustrating the activities of currency hoarders and speculators.

NAN reports that the new forex regime which took effect on Monday had rejuvenated activities at the market.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:DollarNaira
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Okay News Pastor Ize-Iyamu’s Reportedly Picks Mercy Johnson’s Husband ‘Prince Odi Okojie’ As Running Mate
Next Article Okay News Bristow Helicopters Introduces New Rescue Helicopter
FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -
- Advertisement -
Ad imageAd image
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook