Naira gains, exchanges at N771.69/$1

The naira appreciated against the dollar on Thursday as it exchanged at N771.69 at the official market.

Also, On Thursday that Naira appreciated marginally to N898.6/$1 against N901/$1 the previous day.

According to NAN, the local currency gained by 0.22 per cent compared to the N773.42 it exchanged for the dollar on Wednesday at the official window.

The open indicative rate closed at N777.82 to the dollar on Thursday.

A spot exchange rate of N799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at N771.69.

The naira sold for as low as N700 to the dollar within the day’s trading.

$121.60 million was traded at the investors and exporters window on Thursday.


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