Advertse Here
1 1 Total
Views: 817 Replies: 5 Started By: Sunnex Last Poster: Habioyeyusuph001 Last Post Date: Jun 22, 2016
Sunnex Jun 21, 2016 ( Post 1 )

The Naira on Tuesday appreciated further against the dollar at the parallel market.

The Nigerian currency gained N9 at the close of trading on Tuesday to exchange at N335, from N344 it traded on Monday.

The Naira also appreciated against the Pound Sterling and the Euro as it traded at N450 and N356 respectively.

Meanwhile, the Naira also exchanged at N281.85 at the official interbank rate at the end of trading on Monday.

Traders at the market said that the consolidated appreciation of the Naira at the market reflected the impact of the flexible exchange rate.

They added that the new foreign exchange policy had the potential of frustrating the activities of currency hoarders and speculators.

NAN reports that the new forex regime which took effect on Monday had rejuvenated activities at the market.

Reply Me Now
Ibrahim0092 Jun 21, 2016 ( Post 2 )
That is a good news.....hopefully things will continue moving in our favour

Reply Me Now
olayinka5063 Jun 21, 2016 ( Post 3 )
Wao that's very cool to hear.....

Reply Me Now
Samino Jun 22, 2016 ( Post 4 )
Thank God... Beta days ahead

Reply Me Now
Habioyeyusuph001 Jun 22, 2016 ( Post 5 )
This is good news ............Thanks God

Reply Me Now
1 1 Total

Make A Reply Below!


Desired Name:

3 + 2 =
You Can Now Beautify your posts with
BBcodes || Smileys
1 1 Total
Init: 0.00033688545227051 Init to Head: 0.14198303222656 Head to Foot: 6.9141387939453E-5