Forex naira closes 312dollar interbank market

According to the data from the FMDQ OTC Securities Exchange, the Nigerian Interbank Foreign Exchange Market, the Naira closed at N312.25 per dollar on [date]. This is the official exchange rate for the day, which is used as a benchmark for other transactions in the market.

Here's a breakdown of the exchange rate:

Please note that this rate is subject to change daily and may vary depending on market conditions, economic indicators, and other factors that affect the value of the Naira.

It's also important to note that there may be other exchange rates available in the market, such as the parallel market rate, which can be different from the official interbank rate. The parallel market rate is often used by individuals and businesses that need to exchange currency outside of the official channels.

If you have any further questions or would like to know more about the exchange rate, please feel free to ask!