As the Central Bank of Nigeria reiterated its determination to sustain the provision of foreign exchange, the Naira on Thursday, maintained its rate against the major foreign currency at the parallel market.
File photo
The Nation’s currency, Naira on Wednesday, October 26, maintained its rate against the American Dollar, Pound Sterling and Euro at the parallel market as the the local currency strengthened to N363 per US dollar.
According to multiple online reports, the Naira also appreciated to N426 against the Euro from the previous rate of 425, while the local currency appreciated to N475 against the Pound from the previous rate of N478.
Recall that the Central Bank of Nigeria (CBN) had on Monday, October 23, injected the sum of $195 million into the interbank foreign exchange (forex) market.
Figures obtained from the Bank indicated that the central bank offered $100 million to authorised dealers in the wholesale segment of the market, while the small and medium scale enterprises (SMEs) segment received the sum of $50 million.
Meanwhile below is the full table of foreign exchange rates for today, October 26, 2017, powered by Zenith Bank.
daybreakonline.news.blog 