Naira gains at investors, exporters window

The naira on Tuesday appreciated against the dollar as it exchanged at N742.10 at the Investors and Exporters window.

The local currency gained by 4.06 per cent compared to the N773.50 it exchanged for against the dollar on Monday.

The open indicative rate closed at N761.24 to the dollar on Tuesday.

A spot exchange rate of N807.15 to the dollar was the highest rate recorded within the day’s trading before it settled at N742.10.

The naira sold for as low as N738 to the dollar within the day’s trading.

A total of 42.26 million dollars was traded at the investors and exporters window on Tuesday.

(Vanguard)

About Olatunde Oluwasola

Olatunde Oluwasola Abel is student of English and Political Science in the NCE Program, but currently pursuing B.A in English Education. He is a music minister, playwright, prolific poet, teacher, freelance journalist and entrepreneurer. He is currently the Social Media Manager and South West Correspondent at National Telescope Newspaper. He is currently a single.

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