Naira maintains ₦465 exchange to the US dollar in the parallel market

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Factual Pursuit of Truth for Progress

 

By Francis Ogwo

Nigeria’s currency, the naira, maintained an exchange rate of ₦465/US$1 in the parallel market which was the same rate on Tuesday, January 5th 2021.

Similarly, the exchange rate between the naira and the British pound sterling stands at ₦615/₤1 on Wednesday, January 6th 2021 which was the same rate at ₦615/₤1 on Tuesday, January 5th 2021.

Also, the exchange rate between the naira and the European euro stands at ₦565/€1 on Wednesday, January 6th 2021.

The rate had also closed at ₦565/€1 on Tuesday, January 5th 2020.

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