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Naira up by 0.22%, trades for N1,465/$ at official market



The Naira traded for N1, 465.68 to a dollar at the official market on Tuesday.

Data from the FMDQ Exchange revealed that the local currency gained N3.31 or 0.22 percent compared to the N1,468.99 it exchanged for one dollar on Monday.

The FMDQ Exchange oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM).

READ ALSO: Naira recovers slightly to trade at N1,520/$1

The volume of currency traded also increased to $268.17 million as against $161.41 million on Monday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,549.00 and N1,401.00 to a dollar.

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