Business
Naira bounces back, sells for 1,280/$ at parallel market
The Naira bounced back against the US Dollar at the parallel market on Saturday.
The Naira appreciated to N1280/$, as reported by currency traders according to market information obtained by Nairametrics.
This implied that the Naira appreciated by N120, representing a gain of 8.57 per cent when compared to the N1,400 to a dollar at which it traded on Friday.
Currency traders confirmed that they sold between N1, 280 and N1,300/dollar.
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