Naira appreciates against dollar

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The Naira closed the week on a positive note, trading at N1,400.40 against the dollar, according to data from the FMDQ Exchange.

The Nigerian currency gained N2.27, representing a 0.16 percent increase when compared to Thursday’s exchange rate of N1,402.67.

However, the total daily turnover reduced to 201.88 million dollars on Friday, down from 232.84 million dollars recorded on Thursday.

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Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,435.00 and N1,300.40 against the dollar. (NAN)

 

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