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    MarketForces Africa » FX Market » Naira Appreciates, exchanges at N436.04 to Dollar

    Naira Appreciates, exchanges at N436.04 to Dollar

    Marketforces AfricaBy Marketforces AfricaSeptember 14, 2022Updated:September 14, 2022 FX Market No Comments1 Min Read
    Naira Appreciates, exchanges at N436.04 to Dollar
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    Naira Appreciates, exchanges at N436.04 to Dollar

    The Naira, Nigerian local currency, on appreciated marginally against the dollar at the Investors and Exporters window exchanging at N436.04. The figure represents an increase of 0.11 per cent compared with N436.50 to the dollar it exchanged on Monday.

    The open indicative rate closed at N434.75 to the dollar on Tuesday. An exchange rate of N437 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.04.

    The Naira sold for as low as N435 to the dollar within the day’s trading. A total of 83.71 million dollars was traded at the official Investors and Exporters window on Tuesday. #Naira Appreciates, exchanges at N436.04 to Dollar

    Track dollar index -DXY

    READ: Fixed Income Yields Mixed as Naira Weakened

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