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Naira at the close of official market appreciated significantly, trading at N1,142.38 to the dollar.
Data from the official trading platform of the FMDQ Exchange, revealed that the Naira gained N88.23 representing a 7.16 per cent gain when compared to the previous trading date on Monday, April 8, exchanging at N1,230.61 to a dollar.
The total daily turnover increased to $281.34 million on Friday up from $125.55 million recorded on Monday, according to the News Agency of Nigeria on Saturday.
Meanwhile, at the Investor’s and Exporter’s window, the Naira traded between N1,265 and N1,100 against the dollar.
Economic experts would however extolled the significant appreciation linking it to both fiscal and monetary policies of President Bola Tinubu’s administration.
