Nigerian currency increased in value to the US dollar across all foreign exchange market on Tuesday, IgbereTV reports
Data from FMDQ securities showed Naira at the Investors and Exporters (I&E) segment of the market strengthened against the US Dollar to N420.27/$1 on Tuesday.
This was a N1.06 or 0.25 per cent increase when compared to N421.33/$1 it was traded on Monday.
A total of $108.06 million compared to the preceding session’s $46.07 million, representing a jump by 134.6 per cent or $61.99 million was traded.
It was a similar scenario at the Peer-to-Peer (P2P) window of the foreign exchange market on Tuesday, June 21.