The naira appreciated on Monday, the first trading day of the week, gaining N88.35 against the US dollar in the official foreign exchange (FX) market.
This is despite a drop in market liquidity.
The intraday exchange rate closed lower, printing at N1,682, compared to N1,675 on Friday.
In the parallel market, the naira also lost momentum, giving up its previous gains with a 1.76 percent decline to finish the week at N1,700.
00 per dollar.
Despite these shifts, the official market rate continues to trade at a 3.
58 percent premium compared to the street market rate...
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