Naira firms against dollar as CBN adjusts rate to N196.97k

Naira firms against dollar as CBN adjusts rate to N196.97k

The naira on Monday strengthened against the dollar at the interbank foreign exchange market after the Central Bank of Nigeria (CBN) adjusted its clearing rate to N196.97/$ from N197/$. Consequently, naira yesterday gained N1.12k or 0.56k percent against the dollar to close at N197.37k/$ compared with N198.49k/$ on Friday at the interbank foreign exchange market….

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