Naira weakens 0.05% to N386.17/$ in I&E forex window

The Naira depreciated 0.05 per cent to N386.17 at the Investors and Exporters (I&E) foreign exchange window, having opened at N386.17, traded high at N386.50.

A total of $40.43 million was transacted through the I&E window.

The Naira at the official window closed at 379.00/$1, unchanged against the previous day’s position.

At the parallel forex market, the local currency stable at N445 against the dollar.