Naira stabilizes across forex market segments

The Naira remained unchanged against the Dollar across the different foreign exchange market segments on Monday.

The Investors and Exporters (I&E) forex window opened at N386.38, traded high at N386.00, and eventually closed at N386.00, unchanged against the previous day’s closing position.

Investors traded a total of $59.34 million was transacted through the I&E window.

The Naira at the official window closed at N381.00/$1, unchanged against the previous day’s position.

In the same, the local currency was unchanged at N477/$1 at the parallel section of the market.