In a positive development, the Nigerian currency, the Naira, demonstrated improvement on Thursday by appreciating against the US Dollar. It was observed exchanging at N997 in the parallel market.
Aboki fx reported a 3.22% increase in the Naira’s value compared to its exchange rate of N1000 for the Dollar on the previous day.
The spot exchange rate peaked at N1000 to the Dollar during the day’s trading before ultimately settling at N997. This improvement offers a moment of relief for the Naira.
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