The Naira closed the week on a winning note appreciating further against the dollar on Friday, December 5, 2024 at the official market, marking the second gain in the New Year.
The domestic currency closed at N869.13/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) window where forex is officially traded indicated a gain of N26.1 in the local currency compared to the N895.23 closed the previous day.
The intraday high Was N1,231/$1 and the low is N700/$1 representing a spread of N531.
The Naira also appreciated at the parallel window closing at N1245/$1 as against the N1255/$1 it traded the previous day representing a gain of N10 while peer-to-peer traders quoted around N1251.26/$1.
The Naira, however, lost N10 against the British pound to close at N1,550/£1 as against the N1,540/£1 it traded on Thursday.
Again, the Canadian dollar maintained a bit of stability to close at N980/CA$1, the same as its closing price yesterday.
The naira however closed flat against the Euro to slump to N1,320/€1 same as the previous closing price of N1,320/€1 the previous day.
