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The naira edged stronger on Thursday, trading at N1,331.61 per dollar in the official market, while external reserves slipped to $55.09 billion and inflation eased to 14.64% in September.
The naira stayed largely unchanged on Tuesday, with the official market quoting about ₦1,332.5 per dollar and the black market trading between ₦1,365 and ₦1,390. Central Bank of Nigeria data show the currency confined to a narrow band amid continued demand for imports and travel.
The naira edged lower to N1,332.10 against the US dollar in the official market on Thursday, a drop of N0.33 from the previous day, while the parallel market rate remained unchanged at N1,385 per dollar.