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Saturday, August 5, 2023

Naira gains by 4.31% at investors, exporters window

The open indicative rate closed at N782.28 to the dollar on Friday.

• August 5, 2023
Naira and Dollar
Naira and Dollar

The naira on Friday appreciated against the dollar, exchanging at N743.07 at the investors and exporters window.

The naira gained by 4.31 per cent compared with N776.50, which it exchanged for the dollar on Thursday.

The open indicative rate closed at N782.28 to the dollar on Friday.

A spot exchange rate of N799 to the dollar was the highest rate recorded within the day’s trading before it settled at N743.07.

The naira sold for as low as N475 to the dollar within the day’s trading.

A total of $121.08 million was traded at the investors and exporters window on Friday. 

(NAN)

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