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Naira appreciates, officially trades at N736/$

Naira and dollar

Naira on Thursday, September 7, appreciated to N736.62 per dollar at the investors and exporters (I&E) window.

This represents a 4.53 percent appreciation of the local currency from the N771.59 recorded on the last trading day.

Data from FMDQ Securities Exchange showed that the official window recorded a low of N700 and a high of N799.90 to the dollar on Thursday. Trading opened at N774.74 and closed at the rate of N736.62; adding that the daily FX market turnover at the I&E window totalled $66.43 million.


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Olu Adeyemi

Accomplished journalist with decades of experience spanning print and digital media.

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