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Naira gains 0.12%, exchanges at N420.25 to dollar

The Naira on Wednesday, appreciated at the Investors and Exporters window, exchanging at N420.25 to the dollar, a 0.12 per cent appreciation, against N420.75 on Tuesday, after a two-day loss.

The open indicative rate closed at N420.15 to the dollar on Wednesday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N420.25.

Stock market loses N42bn

The Naira sold for as low as N413 to the dollar within the day’s trading.

A total of 82.60 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday. (NAN)

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