BUSINESS

Naira gains, exchanges N461.33 to dollar

Published

2 years ago

March 7, 2023

Lydia Ngwakwe

Naira exchanges at N359.4 to dollar at parallel market

Naira on Monday exchanged at N461.33 to a dollar at the Investors and Exporters window.

The rate represented an increase of 0.09 per cent, compared to the N461.75 for which it exchanged to the dollar before the close of business on Friday.

The open indicative rate closed at N461.50 to the dollar on Monday.

An exchange rate of N462.31 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.33.

The Naira sold for as low as N446 to the dollar within the day’s trading.

A total of 108.01 million dollars was traded at the official Investors and Exporters window.

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Lydia Ngwakwe

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