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Naira appreciates to N365/$1 as CBN injects $195 million into forex market


The Nigerian Naira has appreciated at the parallel market even after the Central Bank of Nigeria injected $195 million last week in continuation of its intervention in the forex market.

According to NAIJ.com findings, the Naira has gained two points to close the day at N365/$1 as against the previous rate of N367/$1.

However, the Naira stayed unchanged at N470 against the Pound Sterling and N420 against Euro at the parallel market.

Naira appreciates as CBN injects Dollars at forex market



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