Naira obtained N0.64 against the dollar in the official window

Nigerian currency, Naira, recovered to the US dollar on an official window on Friday.

Nigerian central bank data (CBN) shows that Naira is closed at N1.501.49/$ 1, compared to N1.502.13/$ 1 which is traded on Thursday.

This represents N0.64 appreciation for local currencies for American greenback.

Naira closes flatly against the dollar to be traded at N1.540/$ 1.

Also Read: Naira Sheds N1.22 Against Dollars in the Official Window

Local currency also closes flatly against British pounds to be traded on N2.100/£ 1.

It was closed flat against the Canadian dollar to be traded in N1.230/Ca $ 1.

Naira, however, loss of N5 to the euro to be traded in ₦ 1,795/€ 1 compared to the previous day level ₦ 1,790/€ 1.

Babajide Okeowo

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