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Wednesday, July 26, 2023

Naira gains slight value, exchanges N791 to dollar at I&E window

A spot exchange rate of N845 to the dollar was the highest rate recorded within the day’s trading before it settled at N791.42.

• July 26, 2023
STASH OF DOLLARS
STASH OF DOLLARS [Credit: BBC]

The naira on Tuesday appreciated against the dollar, exchanging at N791.42 at the Investors and Exporters window.

The naira gained by 0.08 per cent compared with N792.04, which it exchanged for the dollar on Monday.

The open indicative rate closed at N779.50 to the dollar on Tuesday.

A spot exchange rate of N845 to the dollar was the highest rate recorded within the day’s trading before it settled at N791.42.

The naira sold for as low as N730 to the dollar within the day’s trading.

On Tuesday, a total of $51.55 million was traded at the investors and exporters window. 

(NAN)

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