ADVERTISEMENT

Currency gains against Dollar, Pound, drops slightly against Euro [March 29, 2016]

Today, the Naira continued to trade at N323/dollar, which it traded at as at yesterday evening.

A trader changes dollars with naira at a currency exchange store in Lagos February 12, 2015.

The Naira continued to maintain its momentum against the dollar from last week on the parallel market, trading at N323 to the dollar for buyers. The speculative trend of the currency seems to have died out as it maintains a steady position against the dollar, although it has been dropping steadily - although it gained ever so slightly - against the British Pound.

Today, the Naira continued to trade at N323/dollar, which it traded at as at yesterday evening. Right now, you can buy dollars at N318/dollar on the parallel market.

For other foreign currencies, you can buy the British Pound at N445/pound on the parallel market, or sell for N440/pound, highlighting about N5 gain for the naira against the British currency.

ADVERTISEMENT

The Euro is also trading for N355/euro, while you can sell for N350/euro, showing a minimal slump against the Euro. These figures are similar to the ones which the naira posted by the close of business last week, and earlier today, give or take a few naira.

Note that these figures are the current evening rate at which the naira is trading on the black market. We will be bringing you daily rates so stay with Pulse Money to keep you updated.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

INEC to transmit results of Bayelsa guber poll manually

INEC to transmit results of Bayelsa guber poll manually

FG gives 2-week timeline for passport issuance to applicants

FG gives 2-week timeline for passport issuance to applicants

Tinubu committed to restoration of security in North East – Shettima

Tinubu committed to restoration of security in North East – Shettima

Dismissed police officer, others arrested for alleged criminal offences

Dismissed police officer, others arrested for alleged criminal offences

Unilorin establishes TV station – VC

Unilorin establishes TV station – VC

Focus on development, leave certificate matter alone - Tinubu's minister tells Nigerians

Focus on development, leave certificate matter alone - Tinubu's minister tells Nigerians

11 essential documents vehicle owners must have in Nigeria

11 essential documents vehicle owners must have in Nigeria

Reps call for urgent repair of Benin-Warri highway over tanker explosion

Reps call for urgent repair of Benin-Warri highway over tanker explosion

Ortom condoles Dunamis over church collapse that killed pastor in Benue

Ortom condoles Dunamis over church collapse that killed pastor in Benue

Pulse Sports

Newcastle defender ready to deny his son over Kylian Mbappe

Newcastle defender ready to deny his son over Kylian Mbappe

'It is racist' — Arsenal legend Thierry Henry slams Napoli's treatment of Osimhen

'It is racist' — Arsenal legend Thierry Henry slams Napoli's treatment of Osimhen

Osimhen’s Real Madrid moment slips by as Napoli's marksman avoids spot-kicks

Osimhen’s Real Madrid moment slips by as Napoli's marksman avoids spot-kicks

‘De Bruyne, Mbappe…’ — Super Eagles legend Jay Jay Okocha identifies players most similar to him today

‘De Bruyne, Mbappe…’ — Super Eagles legend Jay Jay Okocha identifies players most similar to him today

Liverpool fined ₦23m despite VAR scandal in Tottenham clash

Liverpool fined ₦23m despite VAR scandal in Tottenham clash

'Like Ketchup' — Super Falcons star Michelle Alozie borrows Ronaldo's line after scoring brace

'Like Ketchup' — Super Falcons star Michelle Alozie borrows Ronaldo's line after scoring brace

ADVERTISEMENT
ADVERTISEMENT