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Nairametrics
Home Markets Currencies

Naira rises in parallel market

Editor by Editor
April 1, 2015
in Currencies, Politics
DON’T MISS These Reports If You Invest In Shares or Plan To Someday
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The naira firmed 0.46 percent to 217 against the dollar on Wednesday on the parallel market, a black market dealer has said.

The dealer said he had seen little demand for dollar compared with before the polls.

The interbank opened at N197 to the dollar, a level it had traded at since February, after the Central Bank of Nigeria (CBN) pegged the rate, following a defacto devaluation.

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