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Reading: Naira gains marginally at official market
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Finance

Naira gains marginally at official market

On Monday, the Naira slightly strengthened against the dollar at the Investors and Exporters window, trading at N441.25. The N441.38 it exch...

Chima Joseph Ugo
Chima Joseph Ugo - Editor-in-chief October 18, 2022
Updated October 18, 2022 at 3:15 PM
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Naira gains marginally at official market
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Naira gains marginally at official market
On Monday, the Naira slightly strengthened against the dollar at the Investors and Exporters window, trading at N441.25.

The N441.38 it exchanged for the dollar before the close of business on October 14 reflected a gain of 0.03 percent in the figure.

On Monday, the open indicative rate was N439.63 to $1.

Prior to settling at N441.25, the currency rate reached a high of N442.50 to the dollar throughout the day's trading.

During the day's trade, the Naira fell as low as N425 to the dollar.

At the official window for investors and exporters on Monday, foreign exchange transactions totaled 46.21 million.
Tags: Finance

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