JUST IN: Naira Appreciates Against Dollar Amid Fuel Hike—-The naira appreciated against the dollar on Tuesday at the official foreign exchange market.
According to FMDQ data, the naira gained at ₦1630.35 per dollar on Tuesday from ₦1670.65 exchanged on Monday.
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This represents ₦40.3 appreciation.
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In another development, at the black market, the naira dropped further to ₦1748 per dollar on Tuesday from ₦1746 traded the previous day.
This comes as FX transaction turnover increased to $242.59 million on Tuesday.
