Naira bounces again, appreciates towards greenback at overseas change market
The naira bounced back, appreciating against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria exchange rate data indicated that the naira strengthened to N1586.15 per dollar on Thursday from N1590.74 on Wednesday. This means that the naira recorded a N4.59 gain against the dollar on a day-to-day basis. Meanwhile
The naira bounced again, appreciating towards the greenback on the official overseas change market on Thursday.
Central Financial institution of Nigeria change fee knowledge indicated that the naira strengthened to N1586.15 per greenback on Thursday from N1590.74 on Wednesday.
Which means the naira recorded a N4.59 acquire towards the greenback on a day-to-day foundation.
In the meantime, on the black market, the naira fell by N3 to N1,623 per greenback on Thursday from N1,620 traded on Wednesday.
DAILY POST reviews that on Wednesday, the naira recorded depreciation throughout overseas change markets.
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