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Naira weakens 0.03% to $/N362.63 at Investors’ Forex Window



The performance of the Naira remained mixed across the various market segments in the currency market as it weakened 0.03 per cent against the Dollar to N362.63 at the Investors and Exporters (I&E) FX window.

The local currency opened at N362.33 I&E forex window, trading high at N363.00 and eventually closed at N362.63 representing 0.03% depreciation as against the previous day’s position.

Investors traded a total of $21.90 million  through the I&E window on Tuesday.

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

The Naira at the official rate remain flat to close at N306.95/$1, as against Monday’s position.

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