Naira gains at official market

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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.

 

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We gain breeze

Where is that Davido crying wolf?

Delegates don de buy naira 😀

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