Home Banking Naira stabilises at N485 per dollar

Naira stabilises at N485 per dollar

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The Naira on Friday remained stable at the parallel market, exchanging at N485 to a dollar.

The Pound Sterling and the Euro closed at N602 and N515, respectively.

At the interbank market, the Naira also remained stable at N305.50 to a dollar.

Trading at the Bureau De Change (BDC) window saw the Naira sold at N399 to a dollar, CBN controlled rate, while the Pound Sterling and the Euro exchanged at N606 and N515, respectively.

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Traders at the market said that the scarcity of dollar persisted, leading to slow activities.

(NAN)

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