BUSINESS

Naira closes at N416.67/dollar at I&E window

Published

2 years ago

April 8, 2022

Lydia Ngwakwe

The exchange rate at the Investors and Exporters window closed at N416.67/$1 on Thursday, representing a 0.04% depreciation compared to N416. 50/$1 recorded on Wednesday.

The open indicative rate also closed at N415.81/$1 on Thursday.

An exchange rate of N444/$1 was the highest rate recorded within the day trading before it settled at N416.67/$1, while it sold for as low as N410/$1 within the day trading.

A total of $112.03 million was traded in FX at the official Investors and Exporters Window on Thursday.

Related Topics:headline

Up Next

Equities market on NGX rebounds by 0.19% gain

Don't Miss

FG, World Bank extend cash transfer initiative by 2 years – Official

Lydia Ngwakwe

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective. A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour. The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

Comments

NEWSVERGE

Naira closes at N416.67/dollar at I&E window

You may like

GOOD TO KNOW