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Reading: Naira Remains Stable At N310 To Dollar At Parallel Market
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Naira Remains Stable At N310 To Dollar At Parallel Market

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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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...
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Published: 2016/02/08
1 Min Read
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Naira Remains Stable At N310 To Dollar At Parallel Market


 

The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market.

It previously exchanged between N305 and N307 to the dollar early last week.

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However, the naira closed at N197 to the dollar at the official apex bank rate.

Traders at the market were hopeful that the naira would appreciate as soon as the Central Bank of Nigeria resumed sale of forex to the commercial banks. (NAN)

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