Naira appreciates against dollar at official market
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The platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira gained N8.77 against the dollar.
By Grace Alegba
The Naira on Friday appreciated at the official market, trading at N1,666.72 to the dollar, according to data from the official trading platform, FMDQ Exchange.
The platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that Naira gained N8.77 against the dollar.
This represents a 0.52 per cent gain when compared to the previous trading on Thursday, when it exchanged at N1,675.49 to a dollar.
The total daily turnover, however, reduced to 94.20 million dollars, down from 166.61 million dollars recorded on Thursday.
At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,685.00 and N1,600.00 against the dollar. (NAN)
GA/DE/KTO
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