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Bureau De Change (BDC)

Forex: Naira gains marginally at official, parallel markets

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Naira

…As traders eagerly awaiting outcome of MPC meeting today Motolani Oseni The Nigerian currency, Naira at the close of yesterday trading activities strengthened against the US Dollar at both the official and unofficial foreign exchange markets. This is even as activities at the market on Monday remained slow, due to the anticipation of the likely […]

Naira stables against dollar across Forex segments

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The Naira on Thursday remained stable across foreign exchange segments, including the parallel market, where it closed against the US Dollar at N359.3. The Pound Sterling and the Euro traded at N472 and N402, respectively. At the Bureau De Change (BDC) window, the naira was sold at N360 to the dollar, while the Pound Sterling […]