Naira firms up at official window, gains N1.65 against dollar

The Naira ended trading on Friday on a positive note at the official Naira firms up at official window, gains N1.65 against dollar exchange market, appreciating by N1.65 against the U.S. dollar to close at N1,454.41.

Figures published on the Central Bank of Nigeria’s official website show that the local currency recorded a 0.11 per cent increase compared with Thursday’s close of N1,456.06.

Although the Naira started the week with a mild depreciation, it posted only marginal losses during the period, exchanging at N1,455.38 on Wednesday.

Earlier in the week, the currency traded at N1,451.86 on Monday and N1,454.38 on Tuesday.