Naira stable at N321 to Dollar at parallel market

nairaThe Naira on Monday continued to exchange at N321 to the Dollar at the parallel market.

The News Agency of Nigeria (NAN) reports that the nation’s currency has maintained this value since April 1.

The Naira, however, slide against the Pound Sterling and Euro as it traded for N445 and 355 respectively, from N457 and N357 it traded last week.

Meanwhile, the Naira also sold for N197 to the Dollar at the official inter-bank rate.

Traders at the foreign exchange market said that activities at the market had yet to rebound after the weekend break.

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