At the parallel market closing at N359.3 to the dollar, the Naira rose marginally against the dollar on Wednesday in Lagos.
The Naira shed 20 Kobo from N359.5 traded on Tuesday, while at N463 and N408 respectively the Pound Sterling and the Euro exchanged.
The naira was purchased at N360 to the dollar in the Bureau De Change (BDC) section, while the Pound Sterling and the Euro were traded at N463 and N408 respectively.
Trading at the window of the investors saw the dollar close the naira at N360.75. The window market turnover stood at $278.18 million.
The naira traded at the formal CBN window at N306.90 to the dollar.
Meanwhile, to guarantee that the naira stayed stable, the CBN said it would proceed with the controlled float foreign exchange policy.
The apex bank continued its foreign exchange market measures to shield the naira from monetary speculators ‘ assault.
