Naira on Thursday retained its strength against the dollar, closing at N364 per dollar.
The local currently has been having a good show in the market since last week.
Naira also maintained the N465 to one Pound and N407 against the Euro rates, as it was on Wednesday, June 14.
The naira had closed at 364 per United States dollar on Wednesday.
It was the same rate the local currency closed on Monday and Tuesday.
Recall that the local currency closed at 365 per dollar on Sunday.
Central Bank of Nigeria (CBN) early in the week injected another $413.5 million into the market.
CBN Acting Director in charge of Corporate Communications, Isaac Okorafor, disclosed that the CBN offered the sum of $100 million to dealers in the wholesale window, while the Small and Medium Enterprises (SMEs) window was allocated a total of $28 million.
The invisibles segment was allocated the sum of $25.5 million to meet the needs of those requiring forex for Business/Personal Travel Allowances, school tuition, medicals, etc.
He said also released the figures for the auction sales in the retail window last week, totalling $260million.
The CBN spokesperson said the Bank was optimistic that the naira will continue its strong run against the dollar and other major currencies around the world, considering that transparency in the market has ensured greater stability.
Comments