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Naira appreciates by 0.6% against dollar at official market

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The Nigerian Naira has appreciated at the official market, trading at N1,607.15 to the dollar.

 

According to new Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, NAFEM, the Naira gained N9.93, representing a 0.61 per cent gain when compared to the previous trading date on Aug. 2 when it exchanged at N1,617.08 to a dollar.

At the Investor’s and Exporter’s (I&E) window, the Naira is now trading between N1,620.50 and N1,570.00 against the dollar.

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Written by Daniel Ifeanyi

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