Naira stable at ₦360 per USD at parallel market

The naira remained stable against the dollar at the parallel market in Lagos on Friday, still exchanging at ₦360 to the dollar.

The naira was, however, traded against Pound Sterling and the Euro at ₦478 and ₦417, respectively.

At the Bureau De Change (BDC), the naira was sold at ₦360 to the dollar, while its rates against the Pound Sterling and the Euro were ₦478 and ₦417, respectively.

At the investors’ window, the naira closed at ₦364.12 against the dollar where a market turnover of 295.08 million dollars was achieved.

The naira closed at ₦306.45 to the dollar at the official CBN window.

Traders said that the market had remained active as political activities had begun gradually across the country.

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