Naira appreciates at official market

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The currency performed poorly at the black market.

gained slightly against the U.S. dollar at the official market on Thursday, after the local unit experienced no significant movement in four business days simultaneously at the spot market.

The currency’s performance against the hard currency on Thursday implies a N0.30 or 0.10 per cent appreciation from the N415.10 rate it stood since Friday last week.

 

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