The naira recovered against the American dollar at the official window on Thursday.
Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency gained N13 to trade N1, 593/$1, down from N1,606/$1 it traded at the official window on Wednesday.
READ ALSO: Naira gains N16, trades N1,570/$1 at official window
The intra-day high and low recorded during the day were N1, 612/$1 and N1, 499/$1 respectively, representing a lean spread of N113$1.
However, the naira lost N10 against the dollar at the parallel section of the forex market to trade N1, 630/$1 as against the previous N1, 620/$1.
It gained N5 against the British Pound to trade N2,120£1 as against the previous N2,125£1.
The Canadian dollar closed flat against the naira to trade N1,250| CA$1.
The naira gained N5 against the Euro to trade ₦1,800/€1 as against the previous day’s ₦1,805/€1.
By: Babajide Okeowo
The post Naira recovers, trades N1,593/$ at official window appeared first on Latest Nigeria News | Top Stories from Naomisophyblog.
