SIFAX

Naira posts marginal gains against Dollar at Investors, Exporters window

the Naira

Naira and Dollar

The Naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window.

The local currency gained 2.43 per cent when compared with N775.76 which it exchanged for the dollar at the close of business on July 28.

The open indicative rate closed at N784.91 to the dollar on Monday.

A spot exchange rate of N830 to the dollar was the highest rate recorded within the day’s trading before it settled at N756.94.

The naira sold for as low as N651 to the dollar within the day’s trading.

A total of 67.21 million dollars was traded at the investors and exporters window on Monday.

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