The Naira appreciated at the official market on Monday, trading at ₦1,607.15 to the dollar.
Data from the official trading platform of the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), showed that the Naira gained ₦9.93.
This represents a 0.61 percent gain compared to the previous trading date on August 2, when it exchanged at ₦1,617.08 to a dollar.
However, the total daily turnover decreased 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 (I&E) window, the Naira traded between ₦1,620.50 and ₦1,570.00 against the dollar.
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