The naira, on Friday, closed at N780.14 per dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s official exchange rate window.
The rate represents a recovery of 21.73 percent from the figure (N996) recorded the last Thursday.
According to Data from FMDQ Securities Exchange, a platform that oversees foreign exchange (FX) trading in Nigeria, the local currency hit an intra-day trading high of N1,096 and a low of N700.
