HomeBusinessMoney TalksTuesday: Naira trades for N1,339.33/$ at official market

Tuesday: Naira trades for N1,339.33/$ at official market

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The Naira on Tuesday traded at same rate of N1,339.33 to a dollar at the official market.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira remained static.

This indicated that the local currency neither gained nor lost as it exchanged for same rate of N1,339.33 to the dollar on Monday and Tuesday.

READ ALSO: Naira Abuse: EFCC secures 31 convictions in Kano

However, the volume of currency traded increased to $328.32 million on Tuesday up from $180.80 million recorded on Monday.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,506.00 and N1,150.00 against the dollar.

(NAN)

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