June 7, 2023

Naira extends stability at investors, exporters window


Naira strengthened further against the dollar at the Investors and Exporters window on Wednesday.

The local currency had remained constant for three successive days, exchanging at N464.67 to the dollar.

The naira did not change from its value on Tuesday, while the open indicative rate closed at N464.79 to the dollar on Wednesday.

An exchange rate of N476 to the dollar was the highest rate recorded within the day’s trading before it settled at N464.67.

The naira sold for as low as 460 to the dollar within the day’s trading.

A total of 140.31 million dollars was traded at the official Investors and Exporters window on Wednesday.