LAGOS Aug 25 (Reuters) - Nigeria's central bank has settled $152.48 million of naira futures contracts it sold in June at an exchange rate of 279 naira per dollar, market regulator FMDQ OTC Securities Exchange said.
The bank also
entered a fresh 12-month contract at 241 per dollar due on Aug. 16, 2017.
In June, the central bank introduced an over-the-counter futures market on the currency, to help manage dollar demand, quoting the naira at 279 to the dollar in a month's time and at 210 by April next year.
The local currency closed at 305.50, the level it has closed at since Monday.
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