Business

Naira appreciates, exchanges at N464.50 against dollar

The naira appreciated against the dollar on Tuesday, May 30, 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.

READ ALSO: Naira gains, exchanges at N464.51 against dollar

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

A total of $120.36 million was traded at the official Investors and Exporters window on Tuesday.

The Star

Segun Ojo

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