Naira appreciates marginally, exchanges N464.50 to dollar

Wed, May 31, 2023
By editor
1 MIN READ

Economy

THE Naira appreciated against the dollar on Tuesday, exchanging for N464.50 at the Investors’ and Exporters’ window compared with the N464.51 to the dollar at the close of business on May 26.

The open indicative rate closed at N464.10 to the dollar on Tuesday.

An exchange rate of N467 to the dollar was the highest rate recorded within Tuesday’s trading before it settled at N464.50.

The naira sold for as low as 460 to the dollar within the days trading.

A total of 120.36 million dollars was traded at the official Investors and Exporters window on Tuesday. (NAN)

A.

Tags:


Fuel increase: Nigerians in state of economic hardship – Calabar residents 

THE people of Calabar have decried the increase in the pump price of Premium Motor Spirit (PMS),  saying that Nigerians...

Read More
Fuel price hike will worsen hardship facing Nigerians – Imo residents, commuters

SOME Imo residents have expressed deep worry over Tuesday’s hike in the pump price of Premium Motor Spirit, popularly called...

Read More
African cities vital to continent’s economic, social development – ECA

AFRICAN cities are vital to the continent’s economic and social development, contributing over 50 per cent of its Gross Domestic...

Read More