BUSINESS

Naira gains by 3.61%

Published

1 year ago

July 4, 2023

Lydia Ngwakwe

The Naira on Monday appreciated against the dollar, exchanging at N741.50 at the investors and exporters window.

The Naira gained by 3.61 per cent when compared with N769.25 for which it exchanged for the dollar at the close of business on June 30.

The open indicative rate closed at N760.39 to one dollar on Monday.

An exchange rate of N792 to the dollar was the highest rate recorded within the day’s trading before it settled at N741.50.

The Naira sold for as low as N696.37 to the dollar within the day’s trading.

A total of 88.68 million dollars was traded at the investors and exporters window on Monday.

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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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