The naira maintained stability against the U.S dollar at both the official and black markets on Thursday, IgbereTV reports
Data posted on the FMDQ Security Exchange, where forex is officially traded, showed that the naira closed at N436.50/$1 at the Nafex window, the same rate it exchanged hands with greenback currency in the previous session on Wednesday.
The domestic currency hit an intraday low of N437.00 and a high of N400.00 before closing at N425.00 on Thursday.
This happened as the value of transactions at the I&E window dropped to $101.74 million compared to $133.97 million on Wednesday
