Naira Closes Flat Against Dollar At Official Market

Dollar to Naira
Naira-Dollar

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.

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

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