BUSINESS

Naira extends stability at investors, exporters window

Published

11 months ago

June 8, 2023

Lydia Ngwakwe

Naira strengthened further against the dollar at the Investors and Exporters window on Wednesday.

The local currency had remained constant for three successive days, exchanging at N464.67 to the dollar.

The naira did not change from its value on Tuesday, while the open indicative rate closed at N464.79 to the dollar on Wednesday.

An exchange rate of N476 to the dollar was the highest rate recorded within the day’s trading before it settled at N464.67.

The naira sold for as low as 460 to the dollar within the day’s trading.

A total of 140.31 million dollars was traded at the official Investors and Exporters window on Wednesday.

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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 extends stability at investors, exporters window

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