Banking Business Capital Market Featured Finance

Naira appreciates marginally against dollar

Naira appreciates marginally against dollar

 

Naira appreciated against the dollar on Thursday, exchanging for N463.25 at the investors’ and exporters’ window.

The rate represented an increase of 0.11 per cent when compared to the N463.75 for which it exchanged to the dollar on Wednesday.

The open indicative rate closed at N463.50 to the dollar on Thursday.

A spot exchange rate of N466 was used for trading within the day before it settled at N463.25.

Spot exchange rate is determined instantly.

The naira sold for as low as N460 to the dollar within the day’s trading.

A total of 101.45 million dollars was traded at the official Investors’ and Exporters’ window on Thursday

Related posts

NCDMB emerges best MDA in ease of doing business ranking

Our Reporter

FIRS to introduce e-invoice, to facilitate real-time transaction validation, storage, others

Editor

NIS set to tackle challenges of modern migration

By Shile GIWA

Sanwo-Olu inaugurates 9th Lagos Assembly, as Obasa emerges Speaker

By Abisola THOMPSON

Customs MMIA generates N20.9 bn in 2022

Our Reporter

COVID-19: ZOLA Electric donates solar systems to Lagos PHCs

Emeka Ugwuanyi