Nigeria’s currency remained stable across foreign exchange (FX) segment on Friday as the market remained calm following the 72 hours curfew declared by some state governments to curtail violence by hoodlums who hijacked the #EndSARS protest
Most black market operators have been absent from the market since on Wednesday. However, data from abokifx showed that Naira was stable at N463, elsewhere before the curfew Naira exchanged with the dollar at N461.
The local currency was stable also at N460 at the Bureau De Change (BDC) segment of the foreign exchange market.
At the Investors and Exporters (I&E) forex window, Naira remained stable at N386.00 per dollar. Analysts at FSDH research said most participants maintained bids between N383.00 and N394.00 per dollar.
(BusinessDay)
