Naira exchanges for N474/$

The naira exchanged to the dollar in the parallel market at N474/$ on Thursday.

The naira which recorded a slight improvement in recent days closed at the Importer & Exporter forex window at N394.6/$.

However, the Central Bank of Nigeria retained the official exchange rate at N379/$ according to its website.

The Bureau De Change operators had attributed fluctuations the naira is currently experiencing to speculative activities of some operators.