News tagged: naira — Arz360
All Arz360 news tagged naira.
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Dollar to Naira Rate Opens Week at N1,321 Official, N1,400 Parallel
The naira opened the week at N1,321.68 to the dollar officially, with the parallel market selling rate reaching N1,400. The N78 spread between the two markets remains a key concern for importers.
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Naira Holds Steady Against Dollar as Traders Eye CBN Liquidity
The Nigerian naira held near ₦1,367/$ in the official market on August 13, while the parallel rate stayed around ₦1,410-1,425, leaving a ₦58 spread. The CBN's liquidity efforts have brought relative calm after last year's volatility.