Naira appreciates by 2.5% against dollar at official market

The Naira on Thursday appreciated at the official market, trading at N1,639.50 to the dollar.

Data from the official trading platform of the FMDQ Exchange, revealed that Naira gained N42.15.This represents a 2.5 per cent gain when compared to the previous trading date on Wednesday when it exchanged at N1,681.65 to a dollar.

Also, the total daily turnover increased to 244.96 million dollars on Thursday up from 196.78 million dollars recorded on Wednesday.

At the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,700.00 and N1,635.00 against the dollar.

NAN