The naira closed at the rate of N1,596.60 against the United States dollar at the official market on Monday, August 26, 2024.
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Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira gained N1.47.
It represents a 1.69 per cent gain when compared to the trading on Friday, August 23, when the local currency closed at N1,598.07 to a dollar.
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The naira traded at an intra-day high of N1,610.00 and a low of N1,500.00 to a dollar on Monday.
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