The Naira appreciated in the unofficial market from N1,510 per dollar on Wednesday to N1,495 per dollar yesterday.
Similarly, the Naira also appreciated in the Nigerian Autonomous Foreign Exchange Market (NAFEM) to N1,481.49 per dollar.
Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,481.49 per dollar from N1,488.6 per dollar on Wednesday, indicating N7.11 appreciation for the naira.
The volume of dollars traded on the window increased by 3.83% to $213.31 million.
Consequently, the margin between the parallel market and NAFEM rates narrowed to N13.51 per dollar from N21.4 per dollar on Wednesday.
