Home Business Naira gains 0.05% to $/N361.85 at Investors’ Forex Window

Naira gains 0.05% to $/N361.85 at Investors’ Forex Window

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Naira appreciated 0.05 per cent against the Dollar at the Investors and Exporters (I&E) FX window on Thursday.
The local currency which opened at N361.92, traded high at N362.92 and eventually settled at N361.85, representing a 0.05 per cent appreciation against yesterday’s closing price.
A total of $224.84 million was traded at the I&E window.
The Naira at the inter-bank rate remain unchanged to closed at N306.75 and while the cash and transfer rates at the parallel market remained flat at N360.00/$ and N365.00/$ respectively.