Naira Gains In All ForeignCurrencies ( Read )

The Naira on Monday appreciated on all segments of the
foreign exchange market.
Naira gained three points to exchange at N460, from
N463 posted on Friday, while the Pound Sterling and the
Euro closed at N550 and 476, respectively.
At the Bureau De Change (BDC) window, the Naira was
sold at N399 to a dollar, CBN controlled rate, while the
Pound Sterling and the Euro traded at N547 and N482,
respectively.
Trading on the floor of the interbank market saw the
Naira closed at N306.00 to a dollar.
Traders at the market expressed delight in the
interventions the CBN had made so far in boosting
liquidity, adding that its sustenance would turn the
economy around in the short to medium term.
The CBN has intervened at the forex market with an
excess of 1.4 billion dollars in boosting liquidity at the
market.