BUSINESS

Naira gains by 0.32%, exchanges at 419 to dollar

Published

2 years ago

May 24, 2022

Lydia Ngwakwe

The Naira on Tuesday, exchanged at 419.00 to the dollar at the Investors and Exporters window, compared to 420.23 traded on Monday, representing 0.32 per cent appreciation.

The open indicative rate closed at N418.00 to the dollar on Tuesday.

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

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

A total of 87.06 million dollars was traded in foreign exchange at the official Investors and Exporters window on Tuesday.

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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.

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Naira gains by 0.32%, exchanges at 419 to dollar

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