Naira-dollar
Naira sells for N1,660 per dollar in parallel market
The Naira today appreciated to N1,660 per dollar in the parallel market from N1,665 per dollar on Thursday.
Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for Nigerian Foreign Exchange Market (NFEM) fell to N1,531 per dollar from N1,548 per dollar on Thursday, indicating N17 appreciation for the naira.
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Consequently, the margin between the parallel market and NFEM rate widened to N129 per dollar from N117 per dollar on Thursday.
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