The naira appreciated in the investors’ and exporters’ window of the official market on Tuesday after the dollar rate settled at N755.08/$1 by end of trading hours.
According to FMDQ Exchange, the naira to dollar rate contrasted with the N773.25/$1 reported at the close of trading on Monday.
The authorised dealers brought the price of the dollar down by N18.17 kobo. This indicates the value of the Nigerian currency appreciated by 2.34 per cent.