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Ndokwa Vanguard

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Naira value appreciates, exchanges N741 to $1

Jul 4, 2023 #News

The naira has appreciated against the dollar, exchanging at N741.50 at the investors and exporters window as at the close of business on Monday, July 3.


On Monday, $88.68 million was traded at the investors and exporters window according to forex reports .


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


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.

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