Naira Street Price Steadies As Central Bank Makes Itself Felt – Bloomberg
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Its street value has swung between 1,135 and 1,168 naira per dollar in the last three weeks.
Nigeria’s currency has stabilized on the country’s unofficial foreign-exchange market following central bank efforts to improve dollar liquidity, while remaining volatile on the official market.
The naira was unchanged at 1,168 naira a dollar on Wednesday in the so-called parallel market, said Umar Salisu, a trader who compiles the data in the commercial hub, Lagos.
