Naira gains N0.97 against dollar at official window

22 hours ago 5

The Nigerian currency, the naira, appreciated against the American dollar at the official window on Thursday.

The Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1, 533.55/$1 as against the N1, 534.52/$1 it traded on Wednesday.

This represents a gain of N0.97 for the local currency against the American greenback.

On the black market, the naira lost N15 against the dollar to trade at N1,565/$1, as against the previous day’s rate of N1,550/$1.

The naira, however, gained N10 against the British Pound to trade at N2,115/£1 as against the previous day’s rate of N2,125/£1.

The local currency closed flat against the Canadian dollar to trade at N1,200/CA$1.

It also closed flat against the Euro to trade at ₦1,800/€1.

 

 

Babajide Okeowo

The post Naira gains N0.97 against dollar at official window appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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