BUSINESS

Naira appreciates by 2.4% against dollar at official market

Published

3 weeks ago

October 29, 2024

Grace Alegba

The Naira on Tuesday appreciated at the official market, trading at N1,630.45 to the dollar.

Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain when compared to the previous trading date on Monday, when it exchanged at N1,670.65 to a dollar.

Also, the total daily turnover increased to 242.59 million dollars on Tuesday up from 81.17 million dollars recorded on Monday.

At the Investors and Exporters (I&E) window, the Naira traded between N1,690 and N1,601 against the dollar.

Related Topics:

Up Next

Naira depreciates against dollar

Don't Miss

NGX: BUA Cement, Tier-1 banks shed N394bn from market cap

Grace Alegba

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.