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Saturday, May 21, 2022

Naira exchanges at N419 to dollar at I&E window

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading.

• May 20, 2022
Dollar and Naira
Dollar and Naira

The Naira on Friday exchanged at 419.02 to the dollar at the Investors and Exporters window, compared to 420.33 traded on Thursday, representing 0.31 per cent appreciation.

The open indicative rate closed at N418.35 to the dollar on Friday. An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.02.

The Naira sold for as low as 410 to the dollar within the day’s trading. A total of 75.56 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday.

(NAN)

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