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Naira weakens 0.02% to N307.00/$1 at official forex window

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The Naira at the official foreign exchange market depreciated 0.02% closed at N307.00/$1 on Monday against last Friday’s position.
The Investors and Exporters (I&E) FX window opened at N361.95, traded high at N363.00 and eventually closed at N362.09, representing 0.01% appreciation.

A total of $320.64 million was transacted through the I&E window.

The Naira remained stable at the parallel markets, as both the cash and transfer rates closed unchanged at N358.00/$ and N362.50/$ respectively

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