\n
The naira continued its appreciation streak against the dollar at the official foreign market on Monday.<\/p>\n
FMDQ data showed that the naira gained N3.21 at N1570.99 per dollar on Monday from N1,574.20 exchanged on Friday.<\/p>\n
This represents a slight 3.21 gain against the dollar compared to N1,574.20 on Friday.<\/p>\n
Meanwhile, on the black market, the naira remained flat at N1,600 per dollar, the same rate it exchanged last Friday.<\/p>\n
This comes amid CBN\u2019s recent commencement of the Dutch Auction System amid the dollar demand spike.<\/p>\n
In a statement on Friday, the apex bank sold $815.26 million to 26 banks at N1,495 per dollar.<\/p>\n
Naira continues to rise against dollar on Monday<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
The naira continued its appreciation streak against the dollar at the official foreign market on Monday. FMDQ data showed that…<\/p>\n","protected":false},"author":1,"featured_media":46774,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[938,939,15],"tags":[890,16679,948,763,943,180,3543],"class_list":["post-46773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dollar","category-naira","category-news","tag-against","tag-continues","tag-dollar","tag-monday","tag-naira","tag-news","tag-rise"],"yoast_head":"\n
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