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Naira stable at N360.1/$ in I&E

By Adaeze Okechukwu
The naira Monday started the week  on a stable note in the Investors and Exporters (I&E) window and the parallel market.

Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I&E window known as Nigerian Autonomous Foreign Exchange, NAFEX, remained unchanged at N360.1.

Meanwhile, the volume of dollars traded in the I&E window  dropped slightly to  $133.19 yesterday, from $134.60 traded on Friday.

Vanguard investigation revealed that naira also remained stable at  N362 Monday in the parallel market.


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Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.