On October 30, 2024, the Naira gained strength in the official market, appreciating by 2.4% to trade at N1,630.45 against the dollar. This improvement is notable compared to the previous trading session on Monday, where the Naira was valued at N1,670.65 per dollar.
According to data from the FMDQ’s official trading platform, the total daily turnover surged to $242.59 million on Tuesday, significantly up from $81.17 million recorded the day before. In the Investors and Exporters (I&E) window, the Naira fluctuated between N1,690 and N1,601 against the dollar, reflecting ongoing market dynamics.
