Naira strengthens at official market, hits ₦1,278.58 against dollar
The total turnover was reduced to $111.18 million on Tuesday, down from $857.78 million recorded on Thursday.
Naira strengthens at official market, hits ₦1,278.58 against dollar
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![Food prices decreased slightly as against galloping inflation in the past months. [Premium Times Nigeria]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Food prices decreased slightly as against galloping inflation in the past months. [Premium Times Nigeria]")
Data from the official trading platform of the FMDQ revealed that the Naira gained ₦30.81 or 2.35%, compared to the previous trading date on Thursday, March 28, 2024, just before the Easter holiday at the rate of ₦1,309.39 against the dollar.
However, the total turnover was reduced to $111.18 million on Tuesday, down from $857.78 million recorded on Thursday, March 28, 2024. Meanwhile, at the Investor’s and Exporters (I&E) window, the Naira traded between ₦1,312.00 and ₦1,250.00 against the dollar.
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![Dollar and Naira [THISDAYLIVE]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Dollar and Naira [THISDAYLIVE]")