Naira Continues Fight Back Against Dolla, Gain In Parallel Market

Naira Continues Fight Back Against Dolla, Gain In Parallel Market

by Victor Ndubuisi
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At the official market on Monday, the value of the Naira increased and was valued at N1,136.04 against the US dollar.

The Naira appreciated by N6.34, according to data from the FMDQ Exchange’s official trading platform.

When compared to the previous trading date on Friday, April 12, when the exchange rate was N1,142.38 to the dollar, this indicates a 0.55 percent gain.On Monday, however, the entire daily turnover dropped from 281.34 million dollars on Friday to 251.60 million dollars.

See How Much Dollar Exchange To Naira Today 18 November 2021

In the meantime, the Naira fluctuated in value against the dollar between N1,227 and N1,000 during the Investors and Exporters (I&E) session.

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