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Naira Appreciates To N366.5/$ In NAFEX
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Naira Appreciates To N366.5/$





Naira Appreciates To N366.5/$
The naira yesterday appreciated to N366.5 per dollar in the Investors & Exporters (I&E) window with $157.87 million traded.

Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the window, also known as, Nigeria Autonomous Foreign Exchange, NAFEX, dropped to N366.5 per dollar at the close of business yesterday from N367.5 per dollar on Wednesday. This translated to appreciation of N1 for the naira as well as N1.67 appreciation in two consecutive days.

The naira however depreciated by N1 at the parallel market yesterday as the exchange rate for the market rose to N367 per dollar at the close of business to N366 per dollar on Wednesday.


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Naira Appreciates To N366.5/$
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

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