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Friday, July 19, 2024

Naira appreciates, exchanges for N736/$ at I&E window

The naira exchanged for N736.62 to a dollar at the Investors and Exporters window on Thursday.

The local currency appreciated by 4.53 percent compared to the N771.59 it exchanged for the dollar on Wednesday.

The open indicative rate closed at N774.74 to the dollar today.

READ ALSO: Naira drops value, exchanges for N771/$ at I&E window 

A spot exchange rate of N799.90 to the dollar was the highest rate recorded during the day’s trading before it settled at N736.62.

The naira sold for as low as 700 to the dollar in Thursday’s trading.

A total of $66.43 million exchanged hands at the investors and exporters window on Thursday.

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