By Adedapo Adesanya

The Naira for a second session appreciated against the US dollar at the Investors and Exporters (I&E) window of the forex market by 0.09% or 37 kobo on Friday, October 8.

Business post collected from the FMDQ Securities Exchange that the local currency traded yesterday on the forex segment of the forex market at N414.30 / $ 1, unlike at N414.67 / $ 1 that it traded in the session previous scholarship.

In the last trading session of the week, revenue increased by $ 93.16 million, or 34.9%, with trades valued at $ 359.48 million being recorded against 266 , $ 32 million published during the previous session.

Yesterday at the interbank counter in the foreign exchange market, the exchange rate of the national currency against the US dollar was stable at 410.81 N / $ 1, according to data obtained from the website of the Central Bank of Nigeria (CBN ).

Meanwhile, transactions in the cryptocurrency market moved largely to the bullish side as six of the 10 digital currencies tracked by this newspaper closed in positive territory, just like the previous trading session.

Tron (TRX) recorded the largest gain in the market on Friday as its value rose 5.0% to N57.55, while Bitcoin, the most popular digital currency, climbed appreciated 1.4% to sell at N30, 847,609.36.

Additionally, Dogecoin (DOGE) rose 0.9% to sell at N145.92, US Dollar Tether (USDT) rose 0.6% to sell at N572.23, Ripple (XRP) gained 0.1% during the trading day. to trade at N602.05, while Litecoin (LTC) improved 0.4% to sell at 103,066.46.

In the negative area, Dash (DASH) slipped 4.8% to sell at N 105,500.01, Binance Coin (BNB) fell 1.9% to trade at N 173,375.30, Ethereum (ETH) depreciated 1.1% to trade at 2,021,949.82 N while the value of Cardano (ADA) fell 0.8% on Friday to close at 1,301.86 N.


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William Macleod

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