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Home Economy/Technology

Naira gains 0.22 per cent at investors, exporters window

Naira

The Matters Press by The Matters Press
August 25, 2023
Reading Time: 1 min read
0
“Naira-4-Dollar” getting results

Lagos, Aug. 25, 2023: The naira appreciated against the dollar on Thursday as it exchanged at N771.69 at the Investors and Exporters window.

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The local currency gained by 0.22 per cent compared to the N773.42 it exchanged for the dollar on Wednesday.

The open indicative rate closed at N777.82 to the dollar on Thursday.

A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N771.69.

The naira sold for as low as N700 to the dollar within the day’s trading.

A total of US$121.60 million was traded at the investors and exporters window on Thursday.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
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