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Naira appreciates to N360.37 in I&E

By Adaeze Okechukwu
The naira Tuesday appreciated by 13 kobo to N360.37 per dollar in the Investor and Exporter (I&E) window.   

Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the I & E window, known as Nigerian Autonomous Foreign Exchange, NAFEX, dropped to N360.37 per dollar, yesterday, from N360.5 per dollar on Monday.

The naira however remained stable at N363 per dollar in the parallel market for the seventh consecutive business day.


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