The naira recorded two consecutive appreciations against the USA dollar on the official international alternate market on Tuesday.
Information from the Central Financial institution of Nigeria confirmed that the naira strengthened additional to N1,449.99 against the dollar on Tuesday, up from N1,456.56 traded on Monday.
This represents a acquire of N6.67 against the dollar on a day-to-day foundation.
DAILY POST experiences that the naira has recorded a 14.50-point acquire over the previous two days, reversing losses recorded final week on the official FX market.
Equally, within the black market, the naira appreciated by N10 to shut at N1,490 against the dollar on Tuesday, in contrast with N1,500 the day prior to this.
The event comes because the nation’s exterior reserves rose to $45.23 billion on Monday, up from $45.22 billion.
