Naira Maintains N1,300 Exchange Rate against USD

Naira Maintains N1,300 Exchange Rate against USD

The Naira has maintained a N1,300 exchange rate mark against the US Dollar at the close of the official foreign exchange market for the Easter Holidays on Thursday.

Data from the FMDQ showed that the Nigeria’s currency exchanged for N1,309.39 per USD on Thursday.

The naira had exchanged for N1,300.43 the previous day.

This comes as USD transactions on Thursday stood at $857.78 million turnover, according to FMDQ data.

Similarly, the Naira sustained an exchange rate of N1300 and 1320 per USD at the parallel market.

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