Monday, 27 February 2017

And The Naira strengthens by the day......

 The Naira has continued to garner weight in the face of world-class currencies. On Monday, the Naira closed at N450 to a dollar while pounds sterling and euros went for N560 and N470 respectively. 

At the inter-bank market, the Naira went at N305.50 to a dollar while at bureau de change, the Naira went for N399 to a dollar while pounds and euro went for N610 and N500. Many have expressed confidence in the new forex policy. 
Meanwhile, many black marketers have begun counting their loses as many can't believe the rapid rise in the strength of the Naira.

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