• Wednesday, February 21, 2024
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Naira steadies at N930 per dollar on Monday

Naira gains as banks offload dollars into FX market

Naira on Monday remained stable at N930 per dollar at the parallel market, popularly known as black market.

This is due to moderation in the demand for dollars.

At the Investors and Exporters (I&E) forex window, naira remained at N736.62/$1 and is expected to either appreciate or depreciate after trading on Monday.

Read also: Naira loses 1.41% as FX trading week ends