Business News of Wednesday, 20 November 2024

Source: www.lindaikejiblog.com

Naira appreciates by 0.67% against dollar at official market

Naira and dollar notes Naira and dollar notes

The naira appreciated on Tuesday, November 19 at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss.

Data from the official trading platform of the FMDQ Exchange revealed that the naira gained N11.44, a 0.67 per cent gain compared to the previous trading date on Monday when it exchanged at N1,690.37 to a dollar.

However, the total daily turnover reduced to $128.59 million on Tuesday, down from $173.14 million recorded on Monday.

At the Investor’s and Exporter’s (I&E) window, the naira traded between N1,698 and N1,631 against the dollar.