Naira strengthens against Dollar in official forex market

Naira strengthens against Dollar in official forex market

The naira recorded its first gain against the US dollar at the official foreign exchange Market this week.

FMDQ data showed an appreciation of N1,390.96 per dollar on Tuesday from N1,419.11 on Monday.

This represents a N28.15 or 1.98 per cent gain against the dollar at the forex market compared to N1,419.11 it traded the previous day.

The naira has continued to depreciate against the dollar in the official market for days until Tuesday.

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Naira strengthens against Dollar in official forex market

 

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