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    MarketForces Africa » MarketForces News » Naira Gains 0.62% at The Official Market

    Naira Gains 0.62% at The Official Market

    Marketforces AfricaBy Marketforces AfricaApril 5, 2024 News No Comments1 Min Read
    Naira Gains 0.62% at The Official Market
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    Naira Gains 0.62% at The Official Market

    The Naira gained at the official market as it traded at N1,255.07 to a dollar on Thursday.

    Data from the official trading platform of the FMDQ revealed that the Naira gained N7.78.

    This represents a 0.62 per cent appreciation when compared to the previous day’s trading on Wednesday, exchanging at N1,262.85 to a dollar.  Selloffs Provoke Spike in Nigerian Treasury Bills Yield

    However, the total turnover increased to $138.99 million on Thursday, up from $166.18 million recorded on Wednesday.

    Meanwhile, at the Investor’s and Exporters’ (I&E) window, the Naira traded between N1,294 and N1,200 against the dollar.

    Investors Nigeria
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    Nigeria Money Market Braces for ₦800bn Treasury Bills Auction

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    Nigeria Money Market Braces for ₦800bn Treasury Bills Auction

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