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Official forex market records $188.19m turnover

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Official forex market records $188.19m turnover

Nike Popoola

The total turnover at the official forex market rose by $54.73m from $133.46m on Monday to $188.19m at the close of trading on Tuesday.

Figures obtained by Dailyeconomy from the FMDQ revealed that at the Investor & Exporter forex window, the naira traded as high as N1,555/$ before closing at N1,532.58/$.

Bureau de Change operators who spoke to Dailyeconomy said, at the parallel market, the naira was bought and sold at N1,530/$ and N1,540.

Naira was bought and sold at N1,950/£ and N2,000£, and also at N1,620/€ and N1,650/€, according to the BDCs.

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