Naira gains, exchanges at 436.33 per dollar

The naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33k.

The rate represented a 0.04 per cent appreciation compared to the N436.50k for which the dollar was exchanged on Thursday.

The open indicative rate closed at N434.83k o the dollar on Thursday.

An exchange rate of N438 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33k.

The naira sold for as low as N425 to the dollar within the day’s trading.

A total of 106.11 million dollars was traded at the official Investors and Exporters window on Friday.

(NAN)

About Funmilayo Ojo

Funmilayo Ojo is a Mass Communication Graduate. She is a prolific writer and a journalist who is gifted in Media works. She is also a business tycoon. She is currently the Regional Editor, of Southwest National Telescope Newspaper. She is happily married to Femi and they are blessed with lovely kids. Email: sweditor@nationaltelescope.com

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