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Naira appreciates by 0.7% against dollar

Robert Imoh by Robert Imoh
May 30, 2024
in Business, News
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Naira appreciates by 0.7% against dollar
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The Naira on Wednesday further appreciated at the official market, trading at N1,329.65 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market, shows that the Naira gained N9.68.

This represents 0.72 per cent gain when compared to that of the previous trading date,  Tuesday, when it traded at N1,339.33 to the dollar.

The volume of currency traded on Wednesday increased to $336.54 million up from $328.32 million recorded on Tuesday.

Meanwhile, at the Investors’ and Exporters’ (I&E) window, the Naira traded between N1,506.00 and N1,010.00 against the dollar.

Tags: dollarExchange Ratenaira
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.