Business

Naira trades N1,483/$ at official market

The naira, on Monday, June 10, 2024, slightly appreciated at the official market, trading at N1,483.62 to the dollar.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira gained 37 kobo.

This represents a 0.02 per cent gain when compared to the previous trading date on Friday when it traded at N1,483.99 to the dollar.

Access Bank acquires Tanzanian bank 

However, the volume of currency traded reduced to $161.69 on Monday down from $269.27 million recorded on Friday.

Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,505 and N1,410 against the dollar.

The Star

Segun Ojo

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