Naira appreciates against the dollar at black, official FX markets

Naira appreciates against the dollar at black, official FX markets …C0NTINUE READING HERE >>>

The Naira appreciated further against the Dollar at both foreign exchange markets to begin the week.

FMDQ data showed that the Naira strengthened to N 1580.46 per dollar on Monday from N 1593.32 last Friday.

This represents an N12.86 appreciation against the dollar compared to the N1593.32 at the close of last week.

Similarly, the Naira dropped by N15 at the black market on Monday to N1655 per dollar from N1670.

This comes as foreign exchange transactions turnover dropped to $197.37…

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