Banking
Naira appreciates marginally, exchanges N464.50 to dollar
The Naira strengthened against the dollar on Tuesday, trading for N464.50 in the investors’ and exporters’ window, up from N464.51 at the close of business on May 26.
On Tuesday, the open indicative rate was N464.10 to the dollar.
The highest rate recorded during Tuesday’s trade was N467 to the dollar, before it finished at N464.50.
Within the first day of trade, the # went for as little as 460 to the $.
On Tuesday, a total of 120.36 million dollars were transacted in the official Investors and Exporters window.
