Latest Exchange Rate Of Naira Against The Dollar

On Monday, the Naira regained strength against the dollar at the parallel market.

The Naira gained one point to exchange at N365 to the dollar at the parallel market, stronger than N366 posted on Friday.

The Pound Sterling and the Euro traded at N475 and N420 respectively.

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At the Bureau De Change (BDC) window, the Naira traded at N362 to the dollar, while the Pound Sterling and the Euro closed at N417 and N419.

Trading at the interbank market saw the Naira close at N305.8 to the dollar.

Traders said that activities at the market were at low key, as stakeholders were waiting for the outcome of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN).

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