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Naira stable at decent market

by Good News

Naira recorded no considerable circulate in opposition to the U.S. dollar on the decent market on Tuesday, records revealed on the FMDQ online web jabber where foreign replace is formally traded showed.

The native unit closed at N416.67 to a dollar on Tuesday, the identical charge it exchanged fingers with the dollar forex within the old session on Monday.

Naira reached an intraday excessive of N408.00 and a low of N444.00 sooner than closing at N416.67 on the shut of business on Tuesday, recording a whole foreign replace turnover of $121.54 million on the command market segment.

ALSO READ: Naira extends fabricate at decent market

Black market dealers in Abuja said the naira was exchanged at N575.00 to a dollar and sold at N578.00 on Tuesday.

On the opposite hand, on the Uyo parallel market, exchangers traded the native unit with the laborious forex at N576.00 and sold all the strategy via the differ of N580.00–N583.00 to a dollar on Tuesday.

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