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Naira records mix performances against foreign currencies

29 April 2014, 11:30

Lagos - The naira depreciated marginally against the dollar at the official and parallel markets on Monday.

The naira at the official market was sold at N157.73 to the dollar as against N155.23 offered on Friday, April 25.

At the Bureau de Change (BDC), the naira exchanged for the N166 to the dollar from the N166.5 on Friday.

Also at the parallel market, the naira also traded for N166 to the dollar, gaining 50 kobo from N166.5 sold on April 25.

The naira maintained stability at N260 to the Pound sterling since last week at the official market.

It also appreciated against the pound at the BDC, trading at N277.73 less than N278 it sold at the BDC and parallel market on Friday.

Also, the naira against the Euro went for N213 at the official market, while it sold for N235 at the BDC.

At the end of trading on Monday, the naira appreciated marginally against the Euro as it sold for N234 from the N235 on April 25 at the parallel market.

-    NAN

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