Naira appreciates marginally at official foreign exchange market

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According to data from the FMDQ website, the Naira rate closed at N755.27/$1 on Friday, indicating an appreciation of N20.04 or 2.6 per cent compared to

During the trading day, the dollar fluctuated between an intra-day high of N700.00 and a low of N799.90 before settling at N755.27, as reported by the data.

In contrast, the parallel market data from AbokiFX indicated that the naira maintained stability on Friday, trading at N1000/$1 due to the forex scarcity.

 

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