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Naira ends 5.2% higher after CBN dollar sale

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Naira ended 5.2 per cent higher at 308 per dollar on Friday after the Central Bank of Nigeria (CBN) sold dollars to support the currency, traders said.

According to Reuters report, the naira, which touched an all-time low of 365.25 on Thursday, closed at 324 per dollar in the previous session.

The Central Bank of Nigeria has been selling dollars almost daily to boost liquidity and support the naira

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