The Naira on Monday continued to strengthen against the dollar and other major currencies .
The Nigerian currency gained N 10 to exchange at N 450 to a dollar at the parallel market, while the Pound Sterling and the Euro exchanged at N 560 and N 470 .

At the Bureau De Change window , the Naira was sold at N 399 to a dollar , CBN controlled rate , while the Pound Sterling and the Euro closed at N 610 and N 500 .

The Naira traded at N 305 . 50 to a dollar at the inter -bank market.
Traders at the market expressed confidence in the new FOREX policy and its ability to restore the Naira to its lost glory .

Meanwhile , some traders are still in shock at the performance of the Naira , as many believed that the Nigerian currency would sink further to N 1 ,000 to a dollar .

Some of them still live in the denial of the present reality for their selfish gains. ( NAN )

http://punchng.com/naira-sells-at-n450/?utm_source=&utm_medium=twitter

Going up and up.........
Hope it's sustainable

Good.

Thank God

I would have written an article on this if not that I'm busy. Nice for now but it is nothing to rejoice about. This is still the first two months in 2017...in fact; early 2017...we still have a long way to go in this year, then we can judge how sustainable this trend will be. We still got to be watchful for factors or instances that can lead to N600+/$. It is not yet Uhuru for fx sector in Nigeria.