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Economy Special Report

JUST IN: Naira strengthens against dollar

chuks oti

Aug 20, 2020

Barely 24 hours Naira was forced to a downward trajectory by dollar scarcity it bounced back, closing at N477 to a dollar at the parallel market in Lagos.

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The Pound Sterling and the Euro traded at N608 and N550, respectively.

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The Naira, however, weakened marginally at the investor's window, losing one point to close at N386 to a dollar.

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The volume of trade at the window shrunk by 1.83 million dollars when compared to Tuesday to close at 18.44 million dollars.

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The Nigerian currency exchanged at N381 to a dollar at the official CBN window. (NAN)

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— chuks oti

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