Home Business Naira closes at N360.16/$ at investor’s window

Naira closes at N360.16/$ at investor’s window

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The Naira on Monday traded at N360.16 to the US dollar at the investor’s window, the News Agency of Nigeria (NAN) reports.

The Nigerian currency exchanged at N362 to the US$ at the parallel market, while the Pound Sterling and the Euro closed at N475 and N425 respectively.

The Naira also traded at N362 to the US$ at the Bureau de Change (BDC) window, while the Pound Sterling and the Euro closed at N475 and N425.

Traders said the Naira had remained stable at the foreign exchange market and commended the Central Bank of Nigeria (CBN) for boosting liquidity at the various segments of the market.

The CBN had injected over US$3.6 billion in series of interventions to the foreign exchange market. (NAN)