November 4, 2023.Thank you for reading this post, don't forget to subscribe!
The Naira continued its rebound against the dollar on Friday, Nov. 3, strengthening to N950/$ on the average in the parallel market.
At noon on Friday, on the crypto exchange platform, Binance, the local currency was traded against the dollar at N864.19/$1 compared with Thursday’s closing rate of N1,024/$1, indicating that it has gained N159.81.
Earlier today, it was exchanged at N974/$1.
A look at the black market showed that the domestic currency also appreciated against the US Dollar this afternoon to sell at N950/$1 compared with the previous day’s value of N1,140/$1, indicating an improvement by N150.(www.naija247news.com).