The Nigerian naira is seen holding steady as central bank dollar sales counteract pressure from foreign investors who are trying to withdraw their money to safe havens because of U.S. President Donald Trump’s changing tariff policies.

The naira was quoted around 1,620 to the dollar in intraday trading on Thursday, compared with a closing quote of 1,530 naira a week earlier.

The unit was sold at 1,620 naira to the dollar in street trading on Thursday.

“We are seeing a lot of foreign investors trying to leave the market. But with the 90-day freeze (in Trump’s tariffs) we expect some slower movement,” one trader said.