Naira retains strength against Dollar, Pound, Euro at parallel market as CBN pumps fresh $413.5m

The Nigerian Naira on Thursday, June 15, retained its strength against the American Dollar, closing at N367/$1, the same amount it has been trading for the past 24 hours. The local currency also maintained the N465 to one Pound and N407 against the Euro rates, as it was on Wednesday, June 14. Recall that the Naira weakened to N370/$1 on Tuesday, June 13, after hitting its best rate of 2017 last week, trading at N362/$1.