Business and economy

Breaking: Naira value appreciates, exchanges N741 to $1

The naira on Monday appreciated against the dollar, exchanging at N741.50 at the investors and exporters window.

 

Advertisement

 

The naira gained by 3.61 per cent compared with N769.25, which it exchanged for the dollar at the close of business on June 30.

Advertisement

The open indicative rate closed at N760.39 to one dollar on Monday.

An exchange rate of N792 to the dollar was the highest rate recorded within the day’s trading before it settled at N741.50.

Advertisement

The naira sold for as low as N696.37 to the dollar within the day’s trading.

On Monday, $88.68 million was traded at the investors and exporters window.

Advertisement

(NAN)

Advertisement
citynews

Recent Posts

Why Seyi Tinubu Can’t Be Lagos Governor- Igbokwe

A member of the All Progressives Congress (APC), Joe Igbokwe, has said Seyi Tinubu, son…

10 hours ago

Simon Ekpa Not Our Member, Should Not Be Associated With Us- IPOB

IPOB PRESS RELEASE 22/11/2024 SIMON EKPA IS NOT AN IPOB MEMBER AND MUST NOT BE…

13 hours ago

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024

NEWSPAPER HEADLINES FOR FRIDAY 22ND NOVEMBER 2024. *PUNCH* Gombe begins N28bn Assembly, high court complexes…

14 hours ago

My husband assaulted me, ruined my career – Olajumoke Onibread

Former bread seller turned model, Olajumoke Orisaguna, popularly known as Olajumoke Onibread, has opened up…

16 hours ago

“I did not punch Akpabio” – Senator Bamidele speaks on alleged fight with Senate President

Senate Majority Leader, Opeyemi Bamidele has denies reports that he was involved in a fight…

17 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

– says lawmakers united to meet yearnings of Lagosians – accuses detractors of peddling news…

17 hours ago