Nigerian Naira at 253 per $ as interbank market opens today

Nigeria’s naira was quoted at 253 contrary to the U.S. dollar as a brand new interbank market opened on Monday but no trades were yet to be agreed, dealers said. Nigeria’s central bank said the other day it’d scrap its fixed exchange system which that has seen the currency pegged at 197 to the U.S. dollar for days gone by 16 months.