Naira strengthened further against the United States dollar at the Investors and Exporters window on Thursday, extending appreciation to three successive days amidst lingering cash crunch disrupting businesses in the country.
According to data published on FMDQ website, where forex is officially traded, the domestic currency closed at N461.10 per $1 on Thursday. This implies a 0.02 per cent appreciation from N461.17 per $1 it traded in the previous session on Wednesday.
The naira experienced an intraday high of N439.96 and slipped to a low of N462.00 per dollar before settling at N461.10 at the close of business Thursday.
