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Friday, November 22, 2024

Official Market: Naira now exchanges at N1,658.67 to one dollar

The naira on Thursday appreciated at the official market, trading at N1,658.67 against the dollar.

• November 22, 2024
STASH OF DOLLARS
STASH OF DOLLARS [Credit: BBC]

The naira on Thursday appreciated at the official market, trading at N1,658.67 against the dollar.

Data from the official trading platform of the FMDQ Exchange revealed that the naira gained N28.85.

This represents a 1.7 per cent gain compared to the previous trading date on Wednesday when it exchanged at N1,687.52 to a dollar.

However, the total daily turnover reduced to $163.66 million on Thursday, down from $173.29 million recorded on Wednesday.

At the Investor’s and Exporter’s (I&E) window, the naira traded between N1,707.50 and N1,631.00 against the dollar. 

(NAN)

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