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Tuesday, August 1, 2023

Naira appreciates, exchanges at N756.94 to $1 at I&E window

The naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window.

• August 1, 2023
Naira and Dollar
Naira and Dollar

The naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window.

The local currency gained 2.43 per cent compared with N775.76, which it exchanged for the dollar at the close of business on July 28.

The open indicative rate closed at N784.91 to the dollar on Monday.

A spot exchange rate of N830 to the dollar was the highest rate recorded within the day’s trading before it settled at N756.94.

The naira sold for as low as N651 to the dollar within the day’s trading.

On Monday, $67.21 million was traded at the I&E window.

(NAN)

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