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Thursday, June 2, 2022

Naira rises marginally to N419 per dollar at official exchange

The naira sold for as low as 410 to the dollar within the day’s trading.

• June 1, 2022
Naira and Dollar
Naira and Dollar [Credit: Bloomberg]

The naira witnessed 0.12 per cent appreciation on Wednesday, exchanged at 419 to the dollar.

It had sold for 419.50 at the Investors and Exporters window on Tuesday

The open indicative rate closed at N418.21 to the dollar on Wednesday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.

The naira sold for as low as 410 to the dollar within the day’s trading.

A total of 171.98 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday. 

(NAN)

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