The value of the Nigerian naira against the US dollar has continued to improve as it exchanged at N461 to the dollar at the Investors and Exporters’ window on Thursday.
This represents a slight increase of 0.05% compared to the previous day’s exchange rate of N461.25.
The open indicative rate closed at N461.25 to the dollar, which suggests that there may have been some stability in the exchange rate throughout the day.
However, it is worth noting that the highest rate recorded during the day’s trading was N462.11 to the dollar, which indicates some fluctuations in the market.
Additionally, the naira sold for as low as N446 to the dollar within the day’s trading, which highlights the volatility of the currency exchange market.
Overall, a total of 82.83 million dollars was traded at the official Investors and Exporters window, which suggests that there was significant activity in the market on that day