Business

Naira gains, exchanges at N461.33 to dollar

The naira, on Monday, exchanged at N461.33 to a dollar at the Investors and Exporters window.

The rate represented an increase of 0.09 per cent, compared to the N461.75 for which it exchanged to the dollar before the close of business on Friday.

The open indicative rate closed at N461.50 to the dollar on Monday.

READ ALSO: Banks begin payment of old N500, N1,000 notes

An exchange rate of N462.31 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.33.

The naira sold for as low as N446 to the dollar within the day’s trading.

A total of $108.01 million was traded at the official Investors and Exporters window.

The Star

Segun Ojo

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