Naira gains N5.75 against dollar at official marke

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The Nigerian currency, the naira, recovered against the United States dollar at the official window on Tuesday.

READ ALSO: Naira sheds N9.49 against dollar at official market

At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,382.63/$1, compared to N1,388.38/$1 on Monday.

This represents a gain of N5.75 for the local currency against the dollar.

At the black market, the Nigerian currency lost N10 against the dollar, trading at N1,425/$1, as against N1,415/$1 the previous day.

The local currency lost N25 against the British Pound, trading at N1,920/£1, as against the previous day’s N1,895/£1.

The naira closed flat against the Canadian dollar to trade at N1,000/CA$1.

The naira lost N20 against the euro, trading at ₦1,630/€1, as against the previous day’s ₦1,610/€1.

 

Babajide Okeowo

The post Naira gains N5.75 against dollar at official marke appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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