Naira Closes Flat Against Dollar At Official Market

Dollar to Naira

The officially Investors and Exporters (I&E) window saw the exchange rate between the naira and the US dollar close at N415.07/$1.

This means the Naira closed flat against the US dollar on Thursday at N415.07/$1, similar what was recorded in the previous trading session. This is despite a 59.7% decline in forex turnover at the official window from $243.34 million recorded on Wednesday to $98.07 million.

READ ALSO: Setback For Naira As It Falls Against Dollar Again

Also at the parallel market, the naira remained flat as it closed at N560/$1 on Thursday the rate that was recorded in the previous trading session. This is according to information obtained from BDC operators by VANTAGE NEWS.


Comments expressed here do not reflect the opinions of Vantage News Nigeria or any employee thereof.

See also  Brokers Urged To Leverage Digital Solutions For Sustainable Business

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.