Naira appreciates again, rises to N365/$1

- The Naira has gained three points against the Dollar at parallel market- This comes even as CBN plans to sell $100 million at a special foreign currency auction- The Nigerian currency trades at N305.9 against the Dollar at the official market ,The series of intervention at the foreign exchange market by the Central Bank of Nigeria seems to be yielding positive results as the Nigerian Naira has again strengthened against the American Dollar at the parallel market.According to NAIJ.com findings, the local currency has gained three points against the green back as it now trades at N365/$1 as against the previous rate of N368$1 it closed on Friday, June 30. However, the Nigerian currency maintained the same of N490 and N410 against the Pound Sterling and Euro respectively. The Naira strong performance at the parallel market can be attributed to recent activities of Read more: