Exchange Rate Appreciates at I&E Window

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The Exchange rate between the Naira and the US dollar closed at N420/$1 at the Investors and Exporters window.

Naira gained against the US dollar reaching its highest level in the week to close at N420.17/$1, representing a 0.08% appreciation compared to N420.5/$1 recorded in the previous trading session.

The Exchange rate at the parallel market depreciated by 0.66% to close at N611/$1, from N607/$1 recorded as of the previous trading session.

Written by: Helen Obih

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