Business
Naira loses 0.01% to $/N362.50 at Investors’ Forex Market
The Naira depreciated marginally 0.01 per cent to N362.50 at the Investors and Exporters (I&E) FX window on Wednesday.
The currency opened at N362.30 at the I&E forex window, traded high at N363.70 and eventually closed at N362.50 representing 0.01% depreciation as against the previous day’s position.
A total of $465.36 million was transacted through the I&E window today.
The Naira remained unchanged to close at N307.00/$1, as against yesterday’s position.
The local currency exchanged $/N360 at the parallel market.