The Nigerian Naira on Wednesday did not appreciate nor depreciate on the parallel market for the past one week, the News Agency of Nigeria reports.
The Naira exchanged for at N361.50 to the dollar while the Pound Sterling and the Euro traded at N475 and N425, respectively.
At the Bureau De Change (BDC) window, the naira was sold at N361.50, while the Pound Sterling and the Euro closed at N475 and N425, respectively.
Trading at the investors’ window saw the naira closed at N360.27.
Traders said that activities at the market had remained dull as very few customers were patronising them.
Traders said that activities at the market had remained dull as very few customers were patronising them.
Meanwhile, a credible BDC source told NAN that only about 1000 of its members bided for dollars on Monday because they had been selling at a loss for some months.
NAN reports that BDCs buy dollars at N360 from the CBN and sell at N362 per dollar.
Following the drop in rate to N362, BDCs had been selling at a loss, leading to the boycott of the CBN window by some BDCs. (NAN)
Like Us on Facebook!
Do You Need a Sugar Mummy, Sugar Daddy, Girlfriend, Boyfriend Wife or Husband? If Yes, Then Click Here For Details
![Video: Why Should A Married Woman Engage In This Mess? [See What Tuface’s Wife Was C@ught Doing]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vvHW06Mp-dN8h23a8Oib2vXh-t0chMO-tCPXpLa3d6D1UdCHf77e0l5WUDqVlQoZYg1DF2sQbM_4tTiL63I0dlVDXCuQNiBl5aCfbSU-62NzoqA71V5_YwwA7vxwTlde68t4ZmY0eDkBgP4c44BXuKViNUbRQ=s0-d)
![Video: WTF!!! You Won’t Believe What This Naija Girl is Doing….[ADULTS ONLY]”](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_szyqRl0E7YiIiFfI7sLwRWpF7PUEy-GDSOXAywB7qAh1n5cFmJBTr17Jz0rdJ4yETBBOyXh3bU-u8rBlXrVxxcmYxMB5tUaAOqD9_ruJGaWoKb2qvG-09RSqlWYu2hhXKLPz97Pj0Cg6rxYyxlC_DD3w=s0-d)
0 comments:
Post a Comment