Naira Appreciates Against Dollar

The Nigerian currency on Monday appreciated marginally against the US dollarat the interbank market.

At the end of business on Monday, the naira exchanged at N307.25 per dollar gaining 1.4 points from the N308.69 it exchanged on Friday. This represents an 0.5% appreciation.

The currency however stabilised at the parallel market, exchanging at N425 to the dollar, a figure it had maintained for three days.
NAN