Naira clinched another gain against the U.S. dollar at the official market on Monday, extending its appreciation at the official market segment to a second trading day, IgbereTV reports
Data posted on the FMDQ website where forex is officially traded showed Nigerian currency against the US dollar at the Investors and Exporters (I&E) segment of the Nigerian foreign exchange (forex) market closed at N417.30/$1 on Monday.
This indicates a 0.25 per cent or N1.03 increase when compared with the previous exchange rate of N418.33/$1 on Friday last week.
Naira’s good performance came as once again the Central Bank of Nigeria’s forex supply to the market jumped to $291.09 million compared to $169.06 million on Friday
