Naira gains marginally against dollar at investors window


File Photo: Naira notes

By Lydia Ngwakwe

The Nigerian currency, Naira on Friday gained marginally against the dollar at the Investors and Exporters Window, exchanging at N425.

Compared with N425.05 exchanged on Thursday, the figure represented an appreciation of 0.01 percent.

The open indicative rate closed at N421.60 to the dollar on Friday.

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An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N425.00.

The Naira sold for as low as N411.10 to the dollar within the day’s trading.

A total of $78.86 million was traded in foreign exchange at the official Investors and Exporters Window on Friday.


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