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Naira appreciates by 2.4%, hits N1,630 to Dollar at official market

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The Naira appreciated in the official market, trading at N1,630.45 to the dollar on Tuesday.

According to data from the FMDQ’s official trading platform, this marks a 2.40% increase compared to the previous trading day on Monday, when it was valued at N1,670.65 to the dollar.

Additionally, total daily turnover rose significantly to $242.59 million on Tuesday, up from $81.17 million recorded on Monday.

At the Investors and Exporters (I&E) window, the Naira fluctuated between N1,690 and N1,601 against the dollar.

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