Naira Exchanges at N1,548 per Dollar in Official Market

Naira Exchanges at N1,548 per Dollar in Official Market

The naira traded N1,548.59 to a dollar at the official window on Thursday.

FMDQ data showed that the figure was N3.99 lower than the N1,552.58/$1 the local currency traded on Wednesday.

In the black market, the naira closed flat against the dollar to trade at N1,660/$1 same as the previous rate of N1,660/$1.

The naira lost N30 against the British Pound to trade N2,080/£1 as against the previous day’s N2,050£1.

The naira continued to hold steady against the Canadian Dollar at N1,280/CA$1.

The naira lost N10 against the Euro to trade ₦1,700/€1 as against the previous ₦1,690/€1.

By: Babajide Okeowo