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Naira gains at official market as Reps ask CBN to act


Naira gains at official market as Reps ask CBN to act
The currency was stable at the parallel market.
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Naira gained marginally against the U.S. dollar at the Investors and Exporters (I&E) window on Wednesday, as foreign exchange supply rose, data from the FMDQ Security Exchange where forex is officially traded showed.
Data showed that the local unit closed at N410.95, a N0.55 or 0.13 per cent appreciation from N411.50 it traded Tuesday.
However, the domestic currency remained unchanged at the unofficial market.
The naira experienced an intraday low of N420.77 and a high of N400.00 before closing at N410.90 on Wednesday. ....

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