The Naira appreciated against the Dollar at
the official and the parallel markets as at closeof trading on Friday.
The News Agency of Nigeria (NAN) reports thatthe Naira exchanged at N225 for a dollar as against N226 which it traded since March 16
at the Bureau De Change (BDC) market.At the official market, the currency sold at N197 to the Dollar, remaining stable at the
same price since February.Similarly, the Naira stood firm against the
dollar at the black market as it gained 50 kobo to sell at N225.50 compared with N226 traded
on March 17.The currency remained stable against the pound sterling and euro at N294 and N212 respectively since March 17 at the BDCs.
However, at the official market, it was sold against the two currencies at N293 and N210, making it to shed N3 and N1 each respectively.
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