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HomeBankingNaira appreciates further at parallel market

Naira appreciates further at parallel market

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

It sold for an average of N385 per dollar in most of the markets.
It ended last week at N390/$.

And just on Monday, the Central Bank of Nigeria further crashed the price of Dollar for invincible.

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The CBN directed banks to sell Dollar for invincible such as Basic Travel Allowance, Personal Travel Allowance, medicals and school fees for N360.
The CBN will make it available to the banks at N357.

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