Respite for naira at I&E window, appreciates by 0.08% per dollar

By Godwin Emmanuel - August 25, 2022 | Categories: Business Tags: Economy

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Naira and Dollars

The naira halted its three-day loss against the dollar at the Investors and Exporters window on Thursday, as it marginally appreciated against the dollar.

It exchanged at N430.67 per dollar. This represented an increase of 0.08 per cent, compared with N431 it exchanged for the dollar on Wednesday.

The open indicative rate closed at N429.75 to the dollar on Thursday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.67.

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

A total of 82.88 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday.

(NAN)

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