Naira makes marginal gain against dollar

Nigeria’s currency appreciated marginally on Thursday at the Investors and Exporters window.

The naira exchanged at N420.17 to the dollar, a 0.08 appreciation against N420.50 traded on Wednesday.

The open indicative rate closed at N419.79 to the dollar on Thursday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N420.17.

The naira sold for as low as N410 to the dollar within the day’s trading.

A total of $201.81 million was traded in foreign exchange at the official Investors and Exporters window on Thursday.

NAN