On Tuesday, reports have it that the value of Naira has increased at the official market and it is trading at N1,630.45 against US dollar. It means there is a positive increase in the currency’s value.
The official trading platform provided a data showing that it represents 2.40 percent gain when linked to the former trading date when it was exchanged at N1,670.65 at dollar on Monday.
On Tuesday, there was a significant increase in the total daily turnover which rose to 242.59 million dollars up from 81.17 million dollars which was recorded on Monday.
The Naira traded between N1,690 and N1,601 against the dollar at the Investors and Exporters (I&E) window, which shows fluctuation in the exchange rate.