Naira obtained N0.40 to the dollar in the official window

The Nigerian currency, Naira, appreciated the US dollar on the official market on Tuesday.

Nigerian central bank data (CBN) shows that Naira appreciates N1, 600.03/$ 1 compared to N1, 600,43/$ 1 which is traded on Monday.

This represents the profit N0.40 for local currencies.

In the black market, Naira closes flatly against the dollar to be traded in N1,635/$ 1.

Naira also lost the N10 to the British pound to be traded at N2.180/£ 1 compared to the previous day level N2.170/£ 1.

Also read: Naira gets 5.72 against dollars in the official window

Canadian dollars still survive stable at N1.150/Ca $ 1.

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

By: Babajide Okeowo

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