Naira rebounds to N780.14 at official market

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Lagos, Nov. 11, 2023 – The Nigerian currency, naira, rebounded significantly against the dollar at the official NAFEM segment of the foreign exchange market on Friday, closing at N780.14 to the dollar.

It was N996.76 to the dollar at NAFEM on Thursday

The naira, however, continued its depreciation at the black on Friday, falling to between N1,130 and N1125 to the dollar from the band of N1,110 and N1,095 to the dollar on Thursday. (GBN)

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