Naira flat ahead of new guideline for importers, BDCs

Nigeria’s local currency, Naira has for the past three days remained flat at N860/$ amid cooling demand pressure at the parallel segment of the market.

On Monday August 21, parallel market FX dealers bought and sold dollar to customers at N855 and N860, almost same with last Thursday August 17 when they bought the greenback at N840 and sold at N860.