The naira gained slightly against the U.S. dollar at the I&E window of the foreign exchange market on Thursday, as foreign exchange supply rose significantly.
According to data posted on the FMDQ Security Exchange, where forex is officially traded, the domestic unit closed at N411.00 at the trading session of the NAFEX window on Thursday.
The currency’s performance represents a N0.25 or 0.06 per cent appreciation from N411.25, the rate it traded in the previous on Wednesday.
This occurred as the currency experienced an intraday high of N392.00 and a low…
