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JUST IN: Again, Naira Appreciates Against Dollar Amid Cash Crunch
JUST IN: Again, Naira Appreciates Against Dollar Amid Cash Crunch
Despite the country’s cash crunch, the Naira traded at N461.50 to the dollar at the Investors and Exporters window on Wednesday.
The figure represented a 0.04 percent increase over the N461.67 it was exchanged for on Tuesday.
Read Also JUST IN: Emefiele Gives Fresh Directive To 15 Bank Executives
On Wednesday, the open indicative rate was N461.25 to the dollar.
The highest rate recorded during the day’s trading was N462.02 to the dollar before it settled at N461.50.
During the day’s trading, the Naira fell as low as N446 to the dollar.
On Wednesday, 89.54 million dollars were traded at the official Investors and Exporters window.
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