By Seyi Babalola
The Naira on Monday appreciated in the official market, trading at N1,607.15 per dollar.
According to data from the official trading portal of the FMDQ Exchange, which administers the Nigerian Autonomous Foreign Exchange Market, the Naira increased by N9.93.
This marks a 0.61 percent increase over the previous trading date of August 2, when it exchanged at N1,617.08 to the dollar.
However, the total daily turnover reduced to 77.09 million dollars on Monday, down from 131.55 million dollars recorded on August 2.
Meanwhile, at the Investor’s and Exporter’s window, the Naira traded between N1,620.50 and N1,570.00 against the dollar.
