Monday, 11 May 2015

NAIRA STABILIZES AGAINST THE DOLLAR

The Naira on Friday remained stable against some major international currencies at the official and parallel markets. Naira, at the official market traded for N197 to a dollar, the same market value at the beginning of the week.

At the Bureau De Change (BDCs), otherwise known as the parallel market, the Naira was firm, selling at N221 to a dollar. At the black market, the Naira sold for N218 against the dollar from the N220 it traded at the beginning of the week.

Read more @ Sweetcrude Reports

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