The Naira closed trading on Wednesday unchanged at the official window of the forex exchange market.
Data from FMDQ securities showed that at the Investors and Exporters Window Naira closed on Wednesday at N445.30 to the dollar, the same rate as Tuesday.
An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N445.30.
FMDQ further revealed that a total of $177.44 million was by participants, which is more than the $108.32 million from Tuesday.
Meanwhile, it was a good day for the Naira against the US dollar at the black market.
Reports indicate that the exchange rate between the naira and the US dollar closed at an average of N767/$1 on Wednesday.
That represents a 0.39% appreciation as against N770/$1 recorded on Tuesday.
At the peer-to-peer market, where most crypto traders exchange dollars for Naira, the exchange rate closed at N757/$1.
That represents a 1.3% gain from N767/$1 that was recorded in the previous trading session.