Naira in surprise rebound, gains N91 to trade N1,576/$1 in official window

The Naira, on Thursday, recovered from days of poor performance to trade N1, 576/$1 in the official window.

Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that Thursday’s figure was N91 lower than the N1,667/$1 the currency traded at the official window the previous day.

The Naira lost N20 against the dollar in the parallel section of the forex market to trade N1,695/$1, as against the previous N1,675/$1.

The Naira also shed N10 against the British Pound to trade N2,270/£1, as against the previous N2,260/£1.

The Canadian dollar traded N1,280/CA$1, same as the rate for Wednesday.

The Naira closed flat against the Euro to trade ₦1,860/€1.

#Eyewitness #Businesseconomy #Naira #Trade #Against #Official #Window #Previous #Thursday #Market

Leave a Reply

Your email address will not be published. Required fields are marked *