The Naira, Wednesday, appreciated further marginally by 2 kobo to N360.25 per dollar in the Investors and Exporters (I&E) window of the Foreign Exchange Market.
Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I&Ealso known as Nigerian Autonomous Foreign Exchange, NAFEX, dropped further to N360.25 per Dollar, yesterday, from N360.28 per Dollar on Tuesday, indicating 3 kobo appreciation in the Naira.
However, the volume of Dollars traded in the window further declined by 60 percent to $128.06 Million yesterday from $322.83 Million on Tuesday.
https://www.vanguardngr.com/2018/03/naira-appreciates-n360-25/
