Naira appreciates by 2.4% against dollar at official market

the naira traded between N1,690 and N1,601 against the dollar.

Naira appreciates by 2.4% against dollar at official market

The naira on Tuesday appreciated at the official market, trading at N1,630.45 to the dollar.

Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain compared to the previous trading date on Monday when it exchanged at N1,670.65 to a dollar.

Also, the total daily turnover increased to $242.59 million on Tuesday, up from $81.17 million recorded on Monday.

At the Investors and Exporters (I&E) window, the naira traded between N1,690 and N1,601 against the dollar.