Naira gains 0.06% to N306.95/$1 at Investors’ Forex Window

The Naira strengthened 0.06 per cent to N362.19 against the Dollar at the Investors and Exporters (I&E) Foreign Exchange  window on Thursday.

The local currency I&E FX window opened at N361.94, traded high at N363.50 and eventually closed at N362.19 representing a 0.06 per cent appreciation against day’s position.

A total of $273.16 million was transacted through the I&E window.

The Naira exchange rate closed at N306.95/$1, representing 0.02% appreciation as against Wednesday position.

At the parallel and interbank market the Naira closed flat at N360/USD and N306.95/USD respectively.