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Monday, 8 February 2016

Naira Exchange For N310 to Dollar at Parallel Market

Latest news reaching us has it that the Naira on Monday still remained stable, exchanging for N310 to the dollar at the parallel market. It previously exchanged between N305 and N307 to the dollar early last week.

Report has it that the naira closed at N197 to the dollar at the official apex bank rate. Traders at the market were hopeful that the naira would appreciate as soon as the Central Bank of Nigeria resumed sale of forex to the commercial banks.

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