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Nigeria sells $138 mln at cbank fx mkt, naira flat

Mon May 11, 2009 11:37pm IST
 
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LAGOS, May 11 (Reuters) - The Nigerian central bank sold $138.07 million at 146.01 naira to the dollar at its daily foreign exchange auction on Friday, short of the $151.09 million demanded by end-users, traders said on Monday.

The regulator had sold $124.72 million also at 146.01 naira to the dollar at Thursday's auction, again short of the $152.65 million demanded.

The naira traded flat at 182 to the dollar on the parallel black market on Monday. (Reporting by Oludare Mayowa)

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