By Adedapo Adesanya The Naira’s euphoric appreciation against the Dollar in the currency market continued on Wednesday, March 27, after it traded in the region of N1,300 per Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). Data harvested from the FMDQ Securities Exchange by Business Post yesterday showed that the Naira value improved against the greenback by 5.9 per cent or N82.52 to quote at N1,300.44/$1 versus the previous day’s N1,382.95/$. It was observed that the Nigerian Naira closed flat against the British Pound Sterling and the Euro in the spot market at midweek at N1,790.98/£1 and N1,712.69/€1, respectively.
FX Liquidity Boosts Naira Value to N1,300/$1 at Official Market
