Naira Appreciates to N371/$1 on Parallel Market | Nigeria Newspaper - Latest Nigeria News paper

19.2.16

Naira Appreciates to N371/$1 on Parallel Market

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190112F03.Naira-Notes.jpg - 190112F03.Naira-Notes.jpg

The naira clawed back some of the losses it incurred on the parallel market in the past few days as it appreciated to N371 to a dollar in Lagos on Friday, up from the N391 to a dollar it closed on Thursday.

The upswing recorded by the nation’s currency was largely attributed to a weakening demand for the US dollar.

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