
The Naira continued its appreciation against the dollar astatine the authoritative overseas speech market, ending the week connected a affirmative note.
A Central Bank of Nigeria information showed that the Naira strengthened to N1,357.61 per dollar connected Friday, up from N1,357.65 exchanged connected Thursday.
This means that, connected a day-to-day basis, the Nigerian currency appreciated by N0.04 against the dollar connected Friday.
DAILY POST reports that, astatine the authoritative market, the Naira appreciated by N8.08 against the dollar.
Meanwhile, astatine the achromatic market, the Naira remained level connected Friday astatine N1,425 per dollar, the aforesaid complaint traded connected Thursday.
This comes arsenic the country’s outer reserves roseate further to $52.26 cardinal connected Thursday, according to information from the apex bank.
Recall that the Naira recorded a azygous depreciation but much appreciations against the dollar astatine the authoritative overseas speech market.


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