LAGOS, June 30 (Reuters) - The Nigerian currency wasunchanged at 162.90 naira to the dollar at Monday'smarket close, supported by dollar sales from the local unit ofRoyal Dutch Shell.
The naira had initially eased to 163.05 against the U.S.dollar, dealers said, but recovered after Shell sold anundisclosed amount of dollars to some lenders.
"Demand was balanced with dollar flow from Shell ... to keepthe naira at the same level it closed on Friday," one dealersaid, adding that the local units of two foreign banks werebuying hard currency for their clients on Monday.
Dealers expect the naira to remain stable this week, tradingaround the 163 mark on possible central bank intervention asmore oil companies make their regular month-end oil dollarsales. (Reporting by Oludare Mayowa; Editing by Chijioke Ohuocha andRobin Pomeroy)
