Home Business & Economy Naira trades N1,543/$ at official market

Naira trades N1,543/$ at official market

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The naira closed at the rate of N1,543.84 against the United States dollar at the official market on Wednesday, August 21, 2024.

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the naira gained N41.77.

It represents a 3.03 per cent gain when compared to the trading on Tuesday, August 20, when the local currency closed at N1,585.61 to a dollar.

The naira traded at an intra-day high of N1,599.00 and a low of N1,500.00 to a dollar on Wednesday.

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