Tuesday’s official market Naira trade was down against the dollar, at N1,476.95.
The Naira dropped 83 kobo, according to data from the FMDQ Exchange’s official trading portal.
In comparison to the previous trading date on Monday, when it traded at N1,476.12 to the dollar, this represents a 0.06 percent loss.
Exchange Rate: Naira Gains Against Dollar In Parallel Market
On Monday, the amount of currency transacted was $121.87 million; however, on Tuesday, it rose to $236.99 million.
In the meantime, the Naira’s value versus the dollar fluctuated between N1,500.00 and N1,362.15 during the Investors and Exporters (I&E) window.
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