Naira gains at official market amidst depleting reserve

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According to market data published on the FMDQ website, naira closed Wednesday at N1,072.74/$1 as against N1,148.14 recorded in the previous market session on Tuesday. Meanwhile, the naira recorded a foreign exchange turnover of $189.12 million on Wednesday, the official market data showed. On Wednesday, Bureau De Change operators at the Abuja zone 4 exchanged the dollar at N1,020 and above, the same range it traded in the previous market segment.

Source: News Formal (newsformal.com)

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