Naira rises by N4 as CBN intervenes with $411.8m

Naira rises by N4 as CBN intervenes with $411.8m

—The naira, yesterday, appreciated to N516 per dollar in the parallel market as the Central Bank of Nigeria, CBN, intervened in the foreign exchange market by selling $411.8 million dollars for visible and invisible foreign exchange transactions.

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Source: Naira rises by N4 as CBN intervenes with $411.8m