What is the Naira exchange rate at the parallel market as at today?
The Nigerian national currency has improved in its exchange performance, exchanging for N1,546 to the dollar.
That was the trading result as at yesterday, our Naira exchange rate watch shows.
It was a similar trajectory at the Nigerian Foreign Exchange Market (NFEM).
There, the Naira appreciated to N1, 537.2 per dollar, data published by the Central Bank of Nigeria (CBN), has shown.
The national currency had exchanged for N1,538 per dollar on Tuesday, indicating an 80 kobo appreciation.
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Consequently, the margin between the parallel market and NFEM rate narrowed to N8.8 per dollar from N13 per dollar on Tuesday.
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