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Naira makes marginal gains of 0.04%

Naira exchanged at N461.33 to the dollar on Tuesday at the Investors and Exporters window.

• February 22, 2023
Lower denomination naira notes
Lower denomination naira notes [Photo Credit: Channels]

Naira exchanged at N461.33 to the dollar on Tuesday at the Investors and Exporters window.

The rate represented an increase of 0.04 per cent compared to the N461.50 to the dollar for which it exchanged on Monday.

The open indicative rate closed at N461.55 to the dollar on Tuesday.

An exchange rate of N462.41 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.33.

The naira sold for as low as N406.75 to the dollar within the day’s trading.

On Tuesday, a total of 48.28 million dollars was traded at the official Investors and Exporters window. 

(NAN)

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