the official and the parallel markets as at
close of trading on Friday.
The News Agency of Nigeria (NAN) reports
that the Naira exchanged at N225 for a dollar
as against N226 which it traded since March
16 at the Bureau De Change (BDC) market.
At the official market, the currency sold at
N197 to the Dollar, remaining stable at the
same price since February.
Similarly, the Naira stood firm against the
dollar at the black market as it gained 50
kobo to sell at N225.50 compared with N226
traded on March 17.
The currency remained stable against the
pound sterling and euro at N294 and N212
respectively since March 17 at the BDCs.
However, at the official market, it was sold
against the two currencies at N293 and N210,
making it to shed N3 and N1 each
respectively.
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