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Naira Appreciates To N1,350/$1 In Parallel Market, Closes At N1,382.95/$1 In Official Window

The Naira has appreciated at both the official window and parallel market to N1,382.95/$1 and N1,350/$1 respectively.


The Naira appreciated on the parallel market on Tuesday to close at N1,350/$1, compared to N1,400 it closed on Monday.

On the official Nigerian Autonomous Foreign Exchange (NAFEM) window, the naira appreciated by N25.09 to close at N1,382.95/$1, compared to N1,408.04 on Monday. 

Daily foreign exchange turnover also increased by 10.73 percent to $245.58 million from $221.80 million on Monday.

Ndubuisi Francis, James Emejo and Nume Ekeghe

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