Business

Naira Gains At Investors, Exporters’ Window

The open indicative rate concluded at N775.75 per dollar by the end of Wednesday.

By Johnson Atoukudu

On Wednesday, the Nigerian currency, the Naira, experienced an increase in value against the US dollar, with an exchange rate of N782.49 at the investors and exporters window. This reflected a growth of 0.75% compared to the previous day’s rate of N788.42.

The open indicative rate concluded at N775.75 per dollar by the end of Wednesday. Throughout the day’s trading, the exchange rate fluctuated between a high of N806 per dollar and eventually settled at N782.49. Additionally, the Naira reached a low of N690 per dollar during the trading period. The investors and exporters’ window saw a total trading volume of $90.52 million on Wednesday.

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