Economy
Naira Static at N1,339.33 Against Dollar at Official Market
The naira maintained its position, trading at N1,339.33 to the dollar at the official market on both Monday and Tuesday.
According to data from the FMDQ Exchange, which manages the Nigerian Autonomous Foreign Exchange Market (NAFEM), the naira showed no movement, holding steady at N1,339.33 to the dollar across these two days.
In terms of trading volume, there was a significant increase, with $328.32 million traded on Tuesday, compared to $180.80 million on Monday.
In the Investor’s and Exporter’s (I&E) window, the naira’s exchange rate fluctuated between N1,506.00 and N1,150.00 to the dollar.
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