Naira Appreciates By 0.07% Against Dollar At Official Market

The naira closed stronger on Friday at the official market, trading at N1,600 to the dollar.

Data from the FMDQ Exchange’s official trading platform indicated that the naira gained N1.20, marking a 0.07% increase from Thursday’s rate of N1,601.20 per dollar.

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Additionally, total daily turnover rose to $284.93 million on Friday, up from $230.99 million on Thursday.

In the Importers and Exporters (I&E) window, the naira traded between N1,682 and N1,589.82 against the dollar.

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