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Naira weakens marginally against dollar at parallel market

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The Naira on Monday weakened marginally against the dollar at the parallel market, the News Agency of Nigeria reports .
The Nigerian currency exchanged at N 358 . 3 , weaker than N 358 traded on Friday, while the Pound Sterling and the Euro closed at N 480 and N 420 .

At the Bureau De Change window , the naira was sold at N 360 to the dollar , while the Pound Sterling and the Euro closed at N 480 and N 420 .

Trading at the investors ā€™ window shows that the Naira closed at N 361 . 78 to the dollar and a trading turnover of $ 106 . 26 m ; while the Naira closed at N 305 . 90 to the dollar at the CBN window .

Meanwhile , the CBN has continued with its interventions at the foreign exchange market with the injection of $ 340 . 5 m and $ 69 . 9 m Chinese Yuan in the spot and short tenured forwards last Friday .

( NAN )

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