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Naira appreciates to N363.07/$ in I&E window

THE Naira, yesterday, appreciated to N363.07 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded dropped by 62 percent.

Data from FMDQ showed that the indicative exchange rate for the window dropped to N363.07 per dollar yesterday from N363.11 per dollar on Monday, indicating four kobo appreciation of the naira.

The volume of dollars traded on the window yesterday declined by 62 percent to $220.61 million from $586.83 million on Monday.

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