Naira clinched a meager gain against the U.S. dollar at the official market on Tuesday as foreign exchange supply increased.where forex is officially traded showed that the naira closed at N413.28 per $1. This represents a N0.40 or 0.10 per cent appreciation from N413.68 it exchanged on Monday.
The forex turnover increased 60.30 per cent with $200.65 million posted at the official Nafex window against the $91.23 million recorded in the previous session on Monday. Naira hit an intraday high of N404.00 and a low of N414.50 at the trading session before closing at N413.28 on Tuesday.Meanwhile, forex dealers in Uyo and Abuja who spoke to PREMIUM TIMES on Tuesday said the currency closed at N 565.00 and N571.00 per $1 at the black market.
Dealers said some have struggled to trade after abokiFX.com, a website that collates parallel market rates in Lagos, stopped publishing parallel market rates on Friday, after the Central Bank of Nigeria threatened its owner.
At 50 kobo 🤣🤣🤣
Naira just be like shitcoin. Gain once lose twice. SMH
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