The naira rebounded further, gaining N6.46 against the dollar at the official window

Nigeria’s currency, the naira, strengthened again against the US dollar at the official window on Monday.

Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,366.79/$1, compared with N1,373.25/$1 on Wednesday.

This represents a gain of N6.46 for the local currency against the American dollar.

On the black market, Nigeria’s currency, the naira, closed flat against the American dollar, trading at N1,390/$1, the same as the previous day’s N1,390/$1.

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The local currency strengthened by N5 against the British Pound, trading at N1,875/£1, compared with N1,880/£1 the previous day.

The Naira closed flat against the Canadian dollar and traded at N1,100/CA$1 the same as the previous day’s exchange rate of N1,100/CA$1.

The naira lost N5 against the euro, trading at ₦1,615/€1, compared to the previous day’s ₦1,610/€1.