Investors and Exporters window

Good News For Investors As Naira Rises Again - Report

Good News For Investors As Naira Rises Again – Report

Good tidings are in order for the Nigerian Naira on Tuesday as it gained against the greenback at the Investors and Exporters window while coming to exchanging at a reduced rate of 424.17 to the dollar.

The current figure had also represented an appreciation of 1.16 percent compared with the 429.12 it exchanged for the dollar on Monday. The open indicative rate closed at 426.20 to the dollar on Tuesday.

Read Also: Naira Crashlands As It Hits ₦430 From ₦422.71 Per Dollar

An exchange rate of 444 to the dollar was the highest rate to have …

Naira 'Resurrects' At ₦429.62 To Dollar At Investors' Window

Deeper Waters For Naira As It Exchanges At 419.25 To Dollar

Its all deeper waters for the Naira as it had reportedly exchanged at 419.25 to the dollar at the Investors and Exporters window, compared to 418.50 traded on Tuesday, representing 0.18 per cent depreciation on Wednesday.

The open indicative rate closed at ₦418.00 to the dollar on Wednesday. An exchange rate of ₦444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦419.25.

The Naira sold for as low as 410 to the dollar within the day’s trading.

Read Also: Free Fall For Naira As It Racks Up Losses Against Dollar

A total …