Naira strengthens against dollar by 0.32%
Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,281 and ₦1,220 against the dollar.
Naira strengthens against dollar by 0.32% [The Cable]
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![The percentage increase is significant when compared to the previous trading date on Monday, April 29 [Ripples 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 "The percentage increase is significant when compared to the previous trading date on Monday, April 29 [Ripples Nigeria]")
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the Naira gained ₦4.02.
This represents a 0.32 per cent gain when compared to the previous day’s trading on Thursday, exchanging at ₦1,255.07 to a dollar.
However, the total daily turnover increased to $248.27 million on Friday up from $138.99 million recorded on Thursday.
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Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between ₦1,281 and ₦1,220 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]")