BUSINESS

Naira extends gains by 0.08% at Investors, Exporters window

Published

2 years ago

August 26, 2022

Lydia Ngwakwe

Naira exchanges at N359.4 to dollar at parallel market

The Naira on Friday appreciated against the dollar at the Investors and Exporters window, exchanging at N430.33.

The figure represented an increase of 0.08 per cent, compared with N430.67 it exchanged for the dollar on Thursday.

The open indicative rate closed at N429.50 to the dollar on Friday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.33.

The Naira sold for as low as N417 to the dollar within the day’s trading.

A total of 82.38 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday.

Related Topics:

Up Next

Airlines: CBN releases $265million to settle outstanding ticket sales

Don't Miss

Stock market increases further by 0.04%

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.