Naira appreciates 0.08% to $/N360.61 at Investors’ Forex Window

The Naira strengthened 0.08 per cent against the Dollar at the  Investors and Exporters (I&E) foreign exchange window, having opened at N360.40, traded high at N361.40 and eventually closed at N360.61.

A total of $84.39 million was transacted through the I&E window today.

The cash and transfer rates at the parallel market remained stable at N358.50/$ and N362.50/$ respectively.

At the interbank, the Naira/USD rate remained stable at
N307.00/$ (spot) and N357.52/$ (SMIS).