On Monday,The naira appreciated against the dollar at the interbank market.
The currency gained 1.4 points to exchange at N307.25 to the dollar, from N308.69 it exchanged on Friday, representing an appreciation of 0.5 per cent.
However,it stabilized at the parallel market, exchanging at N425 to the dollar, a figure it had maintained for three days, while it traded against the Pound Sterling and Euro at N550 and N470 respectively.
Trading at the Bureau De Change segment of the market also showed the naira stabilising against the dollar, closing at N422 while it settled at N549 and N470 against Pound Sterling and Euro, respectively.
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