Local News

BREAKING: Naira appreciates slightly against dollar

On Monday, the Naira slightly strengthened against the dollar at the Investors and Exporters window, trading at 436.

 

In comparison to the N436.33 for which the dollar was exchanged earlier on September 23, the rate represents an increase of 0.08 percent.

 

The open indicative rate was N435.67 to the dollar at the close.

 

An exchange rate of N441 to the dollar was the highest rate documented within Monday’s trading before it later settled at N436.

 

The Naira was sold for as low as N423 to the dollar within Monday’s trading.

 

A total of 78.10million dollars was traded at the official Investors and Exporters window on Monday.

 

This is coming after the Naira had lost slightly to the dollar a few days ago. CONTINUE READING……………………….

 

 

 

 

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