May 10, 2023.
The Nigerian Naira appreciated against the United States Dollar at the official market on Tuesday, May 9, 2023.
The Nigerian currency in the Investors and Exporters (I&E) window of the forex market, appreciated against the American Dollar on Tuesday by 53 Kobo or 0.11 per cent to trade at N462.25/$1, in contrast to Monday’s value of N462.78/$1.
Also, in the black market, the Nigerian currency lost N2 against the Dollar yesterday to settle at N739/$1 compared with the previous trading day’s exchange rate of N737/$1.
The value of FX transactions at the spot market slightly went up by 0.5 per cent or $490,000 to $98.84 million from the previous day’s $99.33 million.(www.naija247news.com).