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How Naira fared against Dollar on Monday

Monday’s naira was trading at N362.57 per dollar in the parallel market in Lagos. The turnover in the window was 293.60 million dollars. The currency was from N359 to dollars in the parallel market in Lagos, while it was exchanged in N445 and N397 for the pound sterling and the euro, respectively.

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In the Bureau De Change (BDC) window, the naira closed at N359 per dollar, while it was N445 and N397 per pound sterling and euro, respectively.

Naira had remained stable in the parallel market in Lagos due in large part to CBN interventions. Meanwhile, the turnover in the window of the investors at the end of July increased from 2.9 billion dollars in June to 4.12 billion dollars in July.