Connect with us

Naira Watch

Naira rebounds, closes $771/$ at I&E window

Published

on

The naira exchanged at N771.69 for a dollar at the Investors and Exporters window on Thursday.

The Nigerian currency rebounded by 0.22 percent compared to the N773.42 it traded for the dollar on Wednesday.

The open indicative rate closed at N777.82 to the dollar on Thursday.

READ ALSO: Naira depreciates, closes N773/$ at I&E window

A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N771.69.

The naira sold for as low as N700 to the dollar in Thursday’s trading.

Players at the I&E window traded $121.60 million today.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now