Naira got an N1 from the dollar in an official window

Nigerian currency, Naira, appreciated the US dollar in an official window on Tuesday.

Nigerian central bank data (CBN) shows that Naira is closed at N1,475.34/$ 1, compared to N1.476.34/$ 1 which is traded on Monday.

This is an appreciation of N1 for local currencies for American Greenback.

Also read: Naira gets N4.31 against dollars in the official window

Naira obtained the N30 against the dollar to be traded at N1.485/$ 1, compared to the previous day level N1.515/$ 1.

Local currencies also obtained N5 against British pounds to trade at N2,060/£ 1 compared to the previous day level N2.065/£ 1.

However, it was closed flat against the Canadian dollar to be traded in N1.200/Ca $ 1.

Naira obtained the N10 against Euro to trade in ₦ 1,760/€ 1 compared to the previous day level ₦ 1,770/€ 1.

Babajide Okeowo