The naira, on Tuesday, May 28, 2024, traded at the same rate of N1,339.33 to a dollar at the official market.
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the naira remained static.
This indicated that the local currency neither gained nor lost as it exchanged for same rate of N1,339.33 to the dollar on Monday and Tuesday.
Labour rejects FG’s N60,000 minimum wage offer, demands N494,000
However, the volume of currency traded increased to $328.32 million on Tuesday up from $180.80 million recorded on Monday.
Meanwhile, at the Investors and Exporters (I&E) window, the naira traded between N1,506.00 and N1,150.00 against the dollar.
Latest posts by Segun Ojo (see all)
- Oil theft: Otuaro pledges PAP’s support for military - November 21, 2024
- Pro-Biafran agitator Simon Ekpa arrested in Finland - November 21, 2024
- Senate approves Tinubu’s request for $2.2bn loan - November 21, 2024
Advertisement
