Connect with us

BUSINESS

Naira appreciates marginally against dollar

Published

1 year ago

on

Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors’ and exporters’ window.

The rate represented an increase of 0.11 per cent when compared to the N463.75 for which it exchanged to the dollar on Wednesday.

The open indicative rate closed at N463.50 to the dollar on Thursday.

A spot exchange rate of N466 was used for trading within the day before it settled at N463.25.

Spot exchange rate is determined instantly.

The naira sold for as low as N460 to the dollar within the day’s trading.

A total of 101.45 million dollars was traded at the official Investors’ and Exporters’ window on Thursday.

Related Topics:
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
NIGERIA DECIDES

NIGERIA DECIDES

Shell Digital Plan RESPONSIVE600x750
Shell Digital Plan RESPONSIVE600x750
GTB
JoinOurWhatsAppChannel