Business & Economy

Naira gains marginally against dollar in Friday’s exchange at I&E window

By Uchechi Ojo August 20, 2022234 views

The naira on Friday appreciated against the dollar at the Investors and Exporters window, after remaining constant in value for two days.

The naira exchanged at N429.05, representing an increase of 0.08 per cent, compared with the N429.38 it exchanged for the dollar on Thursday.

The open indicative rate closed at N428 to the dollar on Friday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N429.05.

The naira sold for as low as 416.06 to the dollar within the day’s trading.

A total of 50.22 million dollars was traded in foreign exchange at the official Investors and Exporters window on Friday.

Uchechi Ojo

Uchechi Ojo, is a Lagos-born and based writer, newscaster and voice-over artist. A versatile and committed journalist with the yearning to make a difference in the industry. She writes balanced, informative and interesting stories. Uchechi has the ability to interact and listen with rapt attention, excellent time management and great communication skills while paying attention to detail. She is very approachable and a good team player. Instagram | LinkedIn