The Naira appreciated today by N1.05 kobo to N408.75/$ from N409.80/$ yesterday at the Investors and Exporter (I&E) window.
This was due to a 4.9% increase in the volume of dollars traded (turnover) in the window to $34.76 million today from $33.11 million yesterday.
But, the currency was stable for the third consecutive day in a week at the parallel market, where the exchange rate closed at N485/$.
Read Also: Forex Alert: Naira Appreciates by 33 Kobo to N409.80/$ in I & E Window