ARTICLE AD BOX
The Nigerian currency, the naira, continued its recent recovery against the United States dollar at the official window on Wednesday.
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,357.26/$1, compared to N1,361.04/$1 on Tuesday.
This represents a gain of N3.78 for the local currency against the dollar.
READ ALSO: Naira gains N5.75 against dollar at official window
At the black market, the naira lost N3 against the dollar, trading at N1,398/$1, as against the previous day’s N1,395/$1.
The local currency gained N5 against the British Pound, trading at N1,875/£1, as against the previous day’s N1,880/£1.
The naira closed flat against the Canadian dollar and Euro to trade at N1,100/CA$1 and ₦1,610/€1, respectively.
Babajide Okeowo
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