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Naira rises slightly to gain 0.39% against dollar at official rate
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A trader changes dollars with naira at a currency exchange store in Lagos February 12, 2015. REUTERS/Joe Penney
The naira on Tuesday appreciated against the dollar as it exchanged at N744.97 at the Investors and Exporters window.
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The naira on Tuesday appreciated against the dollar as it exchanged at ₦744.97 at the Investors and Exporters window.
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The naira gained 0.39% compared to the ₦747.87 it exchanged for the dollar in Monday.
The open indicative rate closed at ₦774.99 to the dollar on Tuesday.
A spot exchange rate of ₦799.83 to the dollar was the highest rate recorded within the day's trading before it settled at ₦744.97.
The naira sold for as low as ₦588 to the dollar within the day's trading.
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A total of $63.60 million was traded at the investors and exporters window on Tuesday.
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