The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market.

It previously exchanged between N305 and N307 to the dollar early last week.

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However, the naira closed at N197 to the dollar at the official apex bank rate.

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Traders at the market were hopeful that the naira would appreciate as soon as the Central Bank of Nigeria resumed sale of forex to the commercial banks.

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