Business

Naira gains, exchanges at N740.08 against dollar

The naira, on Wednesday, July 26, 2023, maintained momentum as it appreciated against the dollar, exchanging at N740.08 at the investors and exporters window.

The local currency gained 6.49 per cent when compared with N791.42, which it exchanged for the dollar on Tuesday.

The open indicative rate closed at N782.42 to the dollar on Wednesday.

READ ALSO: Naira gains against dollar at investors, exporters window

A spot exchange rate of N800 to the dollar was the highest rate recorded within the day’s trading before it settled at N740.08.

The naira sold for as low as N730 to the dollar within the day’s trading.

A total of $153.28 million was traded at the investors and exporters window on Wednesday.

The Star

Segun Ojo

Recent Posts

Police detain 3 officers for extorting N150,000 from content creator

The Lagos State Police Command has detained three officers for allegedly extorting N150,000 from a…

11 hours ago

Court sends police Inspector to prison for killing colleague’s wife, injuring others

A Chief Magistrate Court sitting in Calabar, the Cross River State capital, has remanded Inspector…

12 hours ago

Uba Sani appoints Kauru Emir as Amirul Hajj

Kaduna State Governor Uba Sani has appointed the Emir of Kauru, His Royal Highness, Ya'u…

13 hours ago

Application portal for Air Force schools opens

The online application portal for the 2025/2026 academic session entrance examination into Junior Secondary School(JSS…

15 hours ago

UBA posts N3.19trn gross earnings, N803.72bn profit in 2024

The United Bank for Africa (UBA) Plc has announced that its gross earnings grew from…

15 hours ago

FG probes Kogi jailbreak

The Federal Government has ordered an immediate probe into the prison break at the Koton…

17 hours ago