Naira Gains Slightly

The naira on Monday exchanged at N441.38 to the dollar at the Investors and Exporters window, an appreciation of 0.09 per cent, compared with N441.67 to the dollar it exchanged at the close of business on October 21.

The open indicative rate closed at N440.40 to the dollar during the session.

An exchange rate of N447 to the dollar was the highest rate recorded within the day’s trading before it settled at N441.38.

A total of 39.47 million dollars was traded at the official Investors and Exporters window on Monday.

The naira sold for as low as N438 to the dollar within the day’s trading.

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