Business Nigeria - 10/05/2016: Today's Naira Rate Against The Dollar, Pounds And Euro


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Nigerian naira opened flat on Wednesday at the parallel market as Central Bank of Nigeria continues to pump forex into the market.

Table below shows today's (10/05/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro

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Meanwhile, The Central Bank of Nigeria (CBN) has expressed satisfaction on its intervention in the foreign exchange market.

The Apex bank on Monday pumped $81.2 million into the FX market, covering invisibles and Small and Medium Enterprises (SMEs) segments.

The intervention, which came on the heels of $389 million offer in the retail segment of the forex market last weekend, showed that the apex bank provided the sum of $44 million to meet customers’ requests for invisibles such as Basic Travel Allowances (BTA), Personal Travel Allowances (PTA), medical bills and tuition fees, among others.
 
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