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Naira appreciates slightly against dollar

Naira appreciated against the dollar on Tuesday, exchanging for ₦462.25 at the investors' and exporters' window.
Naira-and-dollar
Naira-and-dollar

Naira appreciated against the dollar on Tuesday, exchanging for ₦462.25 at the investors' and exporters' window.

The rate represented an increase of 0.11% when compared to the ₦462.78 for which it exchanged to the dollar on Monday.

The open indicative rate closed at ₦463.50 to the dollar on Tuesday.

A spot exchange rate of ₦466 was used for trading within the day before it settled at ₦462.25. Spot exchange rate was determined instantly.

The naira sold for as low as ₦460 to the dollar within the day's trading.

A total of $98.84 million was traded at the official Investors' and Exporters' window on Tuesday.

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