BUSINESS

Naira gains marginally, exchanges at 420 to dollar

Published

3 years ago

June 15, 2022

Lydia Ngwakwe

The Naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75 on Tuesday.

The open indicative rate closed at N419.46 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 N420.

The Naira sold for as low as N413 to the dollar within the day’s trading.

A total of 124.62 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

Related Topics:

Up Next

PERL, citizens develop Mobile App to monitor LGs procurement processes

Don't Miss

Selloffs: Stock market drops N183bn

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.