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Naira up by 4.04%, trades N1,459/$ at official market

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The Naira traded for N1, 459.02 to a dollar at the official market on Wednesday.

Data from the official trading platform of the FMDQ Exchange revealed that the Naira gained N61.38 or 4.04 percent when compared to the N1, 520.40 the local currency exchanged for a dollar on Tuesday.

READ ALSO: Naira’s crash continues, crosses N1,500 mark

Also, the daily turnover increased to $289.14 million on Wednesday up from $128.76 million recorded the previous day.

Meanwhile, at the Investor’s and Exporter’s (I&E) window, the Naira traded between N1,593 and N1,401 to the dollar.

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