Home Headlines Naira strengthens to $/N361.65 at Investors’ FX Window

Naira strengthens to $/N361.65 at Investors’ FX Window

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Naira appreciated 0.06 per cent to $/N361.65 at the Investors and Exporters (I&E) FX window on Friday, having opened at N361.65 and traded high at N365.00 before eventually bertheing at $/N361.65,

A total of $355.90 million was transacted through the I&E window.

The local currency  remained unchanged to closed at N306.75 against the previous day’s closing price at the inter-bank rate.

At the parallel market, the cash rate crashed to $/N357.70, while the transfer rate remained unchanged at $/N365.00.