Naira positive factors 3.59%, closes at N1,600.78 to greenback — Each day Nigerian

The Naira strengthened on Friday, closing the week at N1,600.78 to the greenback within the official market.

Data from the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market, NAFEM, confirmed that the Naira appreciated by N59.71, a 3.59 per cent acquire in comparison with Thursday’s price of N1,660.49 per greenback.

Also, complete every day turnover elevated to 350.72 million {dollars} on Friday, up from 330.18 million {dollars} on Thursday.

At the Investors and Exporters (I&E) window, the Naira traded between N1,671.50 and N1,592 in opposition to the greenback.

NAN