Naira obtained N0.60 against dollars in the official window

The Nigerian currency, Naira, recovered a little on the US dollar on the official market on Friday.

Nigerian central bank data (CBN) shows that Naira appreciates N1, 598.72/$ 1 compared to N1, 599.32/$ 1 which is traded on Thursday.

This represents the profit of N0.60 for local currencies.

In the black market, Naira obtained N5 against dollars to trade at N1.630/$ 1 compared to the previous day level N1, 635/$ 1.

Also read: Naira continued awards for the dollar in the official window

Naira closes flatly against British pounds to trade at N2.180/£ 1.

After a few weeks holding stable at N1.150/Ca $ 1, Canadian dollars appreciate Naira to trade at N1.200/Ca $ 1, compared to the previous N1.150/Ca $ 1.

Naira lost N5 to Euro to trade in ₦ 1,835/€ 1 compared to the previous day level ₦ 1,830/€ 1.

By: Babajide Okeowo

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