Naira gains at official market

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

The naira gained at both the official and unofficial markets on Tuesday.

Naira strengthened by 0.24 per cent against the U.S. dollar at the official market on Tuesday, a day after it fell at the spot market., where forex is officially traded, showed the naira closed at N419.50 to a dollar on Tuesday.

The domestic currency which opened at N418.54 reached an intraday high of N412.38 and a low of N444.00 before closing at N419.50 per $1 on Tuesday, the second business day of the week and the last business day of the month. Similarly, the naira which touched the N600 and above mark fortnight ago clinched a significant gain at the black market across states in the country.In the Uyo black market, the naira was exchanged at N595.00 and sold at N598.00 to a dollar on Tuesday, as against N603.00 and N605 it exchanged and sold in the previous session on Monday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We gain breeze

Where is that Davido crying wolf?

Delegates don de buy naira 😀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines