.png)
3 hours ago
1
The Nigerian currency, the naira, recovered further against the American dollar at the official window on Tuesday.
At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,335.95/$1, compared to N1,347.77/$1 on Monday.
This represents a gain of N11.82 for the local currency against the American dollar.
At the black market, the Nigerian currency gained N5 against the American dollar, trading at N1,380/$1, the same as the previous rate of N1,385/$1.
Read also: NGX: Equities market slumps as investors lose N577bn
The local currency gained N5 against the British Pound to trade at N1,945/£1 as against the previous day’s rate of N1,950/£1.
The naira closed flat against the Canadian dollar to trade at N1,100/CA$1, the same as the previous day’s rate of N1,100/CA$1.
The naira gained N20 against the Euro to trade at ₦1,640/€1, as against the previous day’s rate of ₦1,660/€1.
The post Naira recovers further, gains N11.82 against dollar at official FX market appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
