Naira appreciates by 0.6% against dollar
On Monday, the naira appreciated at the official market, trading at N1,607.15 in the dollar.
Data from the official trading platform of the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira gained N9.93.
This represents a 0.61 per cent gain compared to the previous trading date on August 2, when it exchanged at N1,617.08 to a dollar.
However, the daily turnover reduced to 77.09 million dollars on Monday, down from $131.55 million recorded on August 2.
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the naira traded between N1,620.50 and N1,570.00 against the dollar.
(NAN)
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