Dollar sales: Naira hits Peak in six weeks.
Traders said a unit of Royal Dutch Shell sold an unspecified amount of dollars to some lenders, while ExxonMobil's local sold about $56.4 million, boosting dollar liquidity in the market amid low demand.
On the twice-weekly auction on Wedenesday, the central bank sold $237.2 million at 155.74 naira to the dollar, short of the $300 million it initially offered at the auction. The bank sold $300 million at the previous auction last week at 155.75 to the dollar.
Dollar sales: Naira hits Peak in six weeks.
Reviewed by Kratos Olympian
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Reviewed by Kratos Olympian
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09:45
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