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Markets

Nigeria naira firms 2.6pc to 385 per dollar on black market

  LAGOS: The Nigerian naira currency firmed to 385 per dollar on the black market on Thursday, up 2.6 percent fr
Published April 20, 2017

 

nigeriaflagpictureLAGOS: The Nigerian naira currency firmed to 385 per dollar on the black market on Thursday, up 2.6 percent from early trading and supported by central bank intervention on the official market, traders said.

The central bank sold its usual $1.5 million on the spot market on Thursday at 305.50 per dollar, according to Thomson Reuters data.

 

Copyright Reuters, 2017
 

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