Naira appreciates, exchanges at 436 to dollar

The Naira appreciated slightly against the dollar at the Investors and Exporters window on Monday as it exchanged at 436.

The rate represents a 0.08 per cent appreciation compared to the N436.33 for which the dollar was exchanged on September 23.

The open indicative rate closed at N435.67 to the dollar on Monday.

An exchange rate of N441 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.

The Naira sold for as low as N423 to the dollar within the day’s trading.

A total of 78.10 million dollars was traded at the official Investors and Exporters window on Monday.

(NAN)