Naira gains, exchanges ₦461.24 against dollar
The Naira sold for as low as ₦459.50 to the dollar within the day’s trading.
Naira and Dollar
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![Nigeria lost the top spot to South Africa in the latest IMF rankings. [Getty Images]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Nigeria lost the top spot to South Africa in the latest IMF rankings. [Getty Images]")
The rate represented an increase of 0.11 per cent when compared to the ₦461.75 for which it exchanged to the dollar on Tuesday.
The open indicative rate closed at ₦461.50 to the dollar on Wednesday.
An exchange rate of ₦462.13 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦461.24.
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The Naira sold for as low as ₦459.50 to the dollar within the day’s trading.
A total of 74.31 million dollars was traded at the official investors’ and exporters’ window.
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