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Dealers see stability in Foreign Exchange Market

Photo: vanguardngr.com

Naira appreciates at parallel market

byPremium Times
October 19, 2015
1 min read

The Naira on Monday, made a rebound as it appreciated against the dollar at the parallel market.

The Naira gained N1 as it exchanged for N224, as against N225 it traded last week.

Meanwhile, the official interbank rate remained N197.

Traders at the market in Lagos, expressed confidence that the market might bounce back with the appointment of a minister of Finance.

(NAN)

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