Naira gains at I&E window, exchanges for N757.51 to dollar

The Nigerian naira, on Tuesday, made gains against the US dollar, exchanging at N757.51 at the Investors and Exporters (I&E) window.

The local currency gained by 2.23 per cent when compared with N774.78, which it exchanged for the dollar on Monday.

The open indicative rate closed at N782.59 to the dollar on Tuesday.

A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N757.51.

The naira sold for as low as N700 to the dollar within the day’s trading.

A total of $45.98m were traded at the investors and exporters window on Tuesday.

NAN

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