Naira gains at official market

Naira clinched a meager gain against the U.S dollar at the official market on Tuesday, after the local unit fell in the previous session on Monday.

Data from FMDQ securities exchange window, where forex is officially traded showed naira closed at N414.30 per $1.The last time the naira closed at N414.30 on the dot was on Friday last week. Naira’s performance on Tuesday became evident as forex turnover decreased by 16.80 per cent with $153.39 recorded as against the $184.31 million posted in the previous session on Monday.It touched an intraday high of N405.00 and oscillated to a low of N420.15 before closing at N414.30 per $1 on Tuesday.

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Allow Naira To Reflect Market Realities, Osinbajo Tells CBNIn view of the falling exchange rate in the market, Vice President Yemi Osinbajo has called on the Central Bank of Nigeria (CBN) to allow the naira In view of the falling exchange rate in the market, Vice President Yemi Osinbajo has called on the Central Bank of Nigeria (CBN) to allow the naira reflect the realities of the market.
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Naira falls at official marketDollar supply at the official market rose nonetheless. What does this mean? Is it from a tree or building Where is that ABOKI FX? This guy is not ready to leave this Naira alone,we must arrest him.
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