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

by | October 27, 2015 8:45 am

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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