Naira obtained N9.52 against dollars in the official window

Nigerian currency, Naira, continued her recovery against the US dollar in an official window on Monday.

Nigerian central bank data (CBN) shows that Naira is closed on N1, 529.71/$ 1 compared to N1.539.23/$ 1 which is traded on Friday.

This is the advantage of N9.52 for local currencies against American Greenback.

In the black market, Naira obtained N5 against dollars to trade at N1.570/$ 1, compared to the previous day level N1.575/$ 1.

Also read: Naira gets N2.05 against dollars in an official window

Naira closes flatly against the British pound to trade at N2.170/£ 1.

Local currencies are also closed flat against Canadian dollars to be traded at N1.200/Ca $ 1, the same as the previous day level N1.200/Ca $ 1.

However, the loss of N5 to the euro to trade in ₦ 1,795/€ 1 compared to the previous day level ₦ 1,790/€ 1.

By: Babajide Okeowo