Again, naira gains at official market

Again, naira gains at official market

The naira gained marginally against the U.S. dollar at the I&E window of the foreign exchange market on Wednesday, data posted on the FMDQ Security Exchange where forex is officially traded showed.

Meanwhile, the domestic currency remained stable at the black market.

Naira closed at N408.67 at the trading session of the I&E window, this represents N0.33 or 0.08 per cent increase from N409.00 the rate at which it closed at the previous session on Tuesday.

The local currency experienced an intraday high of N381.00 and a low of N412.00, before closing at…

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Again, naira gains at official market

 

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