The Naira gained marginally against the U.S. dollar at the I&E window of the foreign exchange market on Wednesday, as foreign exchange supply decreased.
Wednesday’s performance represents 0.16 per cent appreciation from N410.67 it traded in the previous session on Tuesday.The naira experienced an intraday high of N394.00 and a low of N422.00 before closing at N410.00 on Wednesday. However, the naira remained stable against the U.S. dollar at the unofficial market on Wednesday, data posted on abokiFX.com, a website that collates parallel market rates in Lagos showed.
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