Home Business Naira gains, exchanges at N1,262 against dollar

Naira gains, exchanges at N1,262 against dollar

April 4, 2024

The naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday, April 3, 2024.

Data from the official trading platform of the FMDQ revealed that the naira gained N15.73.

This represents a 1.23 per cent appreciation when compared to the previous day’s trading on Tuesday, exchanging at N1,278.58 to a dollar.

However, the total turnover increased to $166.18 million on Wednesday, up from $111.18 million recorded on Tuesday.

Meanwhile, at the Investors and Exporters (I&E) window, the local currency traded between N1,296 and N1,210 against the dollar.