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    MarketForces Africa » MarketNews » Naira Appreciates Further by 0.67% against Dollar at Official Market

    Naira Appreciates Further by 0.67% against Dollar at Official Market

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJune 12, 2024 MarketNews No Comments1 Min Read
    Naira Appreciates Further by 0.67% against Dollar at Official Market
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    Naira Appreciates Further by 0.67% against Dollar at Official Market

    The Naira on Tuesday further appreciated at the official market trading at N1,473.66 to the dollar.

    Data from the official trading platform of the FMDQ Exchange showed that the Naira gained N9.96.

    This represents a 0.67 per cent gain when compared to the previous trading date on Monday when it traded at N1,483.62 to the dollar.

    However, the volume of currency traded increased to $385.91 million on Tuesday up from $161.69 million recorded on Monday.

    Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,495 and N1,415 against the dollar. Free Zones Remit N11.11trn to FG in 2023 -NEPZA

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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