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

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CBN begs Nigerians to handle national currency with care
Naira

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

CBN injects $210m as Naira appreciates to N360

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.

Rising investors’ confidence lifts external reserves to $34.9bn

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

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