BUSINESS Naira records first appreciation against dollar in nine days Osmek News June 29, 2024 Naira depreciates to N1,700/$ at parallel market — lowest level in seven months ShareThe Naira appreciated against the dollar at the foreign exchange market on Friday to end the week on a positive note after nine days of depreciation. FMDQ data showed that the Naira gained at N1505.30 against the dollar on Friday from N1510.10 traded on Thursday. This represents an N4.8 gain against the dollar compared to the N1510.10 traded the previous day. Similarly, the Naira saw a gain and traded N1515 against the dollar at the foreign exchange market on Friday. This is the first time the Naira has appreciated since June 18, 2024, when it traded at N1482.72 per dollar at the official forex market. The development comes as Nigeria’s external reserves rose to a record high of $34.07 billion on June 26, 2024. About The Author Osmek News See author's posts Tags: dollar Naira records Continue Reading Previous Previous post: ‘If you call me for Aso Villa I won’t go’ – Patience Jonathan [Video]Next Next post: What I love about Nigerians – SteffLondon Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name Email Website Related News How High cost of transportation forces workers to resign from jobs September 30, 2024 Naira depreciates to N1,700/$ at parallel market — lowest level in seven months September 29, 2024