Naira bounces back against the dollar

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The Naira on Monday at the parallel market, exchanged at N367 to a dollar.

The Nigerian currency maintained its Friday rate, while the Pound Sterling and the Euro traded at N478 and N433 respectively.

Trading at the Bureau De Change saw the Naira closing at N363 to the dollar, while the Pound Sterling and the Euro traded at N478 and N433, respectively.

The Naira appreciated at the investors’ window closing at N359.58, stronger than N361.13, its opening rate.

Meanwhile, the CBN has repaid around N95.7bn in matured treasury bills to boost liquidity.

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