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Naira appreciates at parallel market, Investors’ FX Window

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7 years ago

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The Naira rose against the Dollar at the parallel market with the cash and transfer rates appreciating 0.11 per cent and 0.14 per cent respectively to N357.80/$ and N365.50/$ on Tuesday.

The local currency also gained t the Investors and Exporters (I&E) FX window, rising slightly 0.01 per cent, having opened at N361.67, traded high at N362.50 and eventually closed at N361.50.  A total of $73.88 million was transacted through the I&E window on Tuesday.

At the Interbank, the Naira/USD rate depreciated by 0.02 per cent to $/N306.85.

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