Business

Naira gains, exchanges at N740.08 against dollar

The naira, on Wednesday, July 26, 2023, maintained momentum as it appreciated against the dollar, exchanging at N740.08 at the investors and exporters window.

The local currency gained 6.49 per cent when compared with N791.42, which it exchanged for the dollar on Tuesday.

The open indicative rate closed at N782.42 to the dollar on Wednesday.

READ ALSO: Naira gains against dollar at investors, exporters window

A spot exchange rate of N800 to the dollar was the highest rate recorded within the day’s trading before it settled at N740.08.

The naira sold for as low as N730 to the dollar within the day’s trading.

A total of $153.28 million was traded at the investors and exporters window on Wednesday.

The Star

Segun Ojo

Recent Posts

Worshipper: Why I believe Pastor Chris Okafor’s prophecy

A worshipper, David Udoh, has debunked reports that miracles performed by God through the founder…

3 hours ago

Atiku: I’ll support Obi for presidency in 2027 if…

Former Vice President Atiku Abubakar has disclosed his readiness to support ex-Anambra State Governor Peter…

3 hours ago

NiMet forecats 3-day dust haze, thunderstorms from Saturday

The Nigerian Meteorological Agency (NiMet) has predicted dust haze and thunderstorms from Saturday to Monday…

6 hours ago

Many injured as truck rams into BRT bus on Lagos-Ibadan expressway

Many passengers have been reportedly injured after a cow-laden truck rammed into a Bus Rapid…

6 hours ago

Sanwo-Olu: My govt doing God’s will for Lagosians’ welfare

Lagos State Governor Babajide Sanwo-Olu says his administration is doing the will of God by…

6 hours ago

Musk removes Twitter website from profiles, shifts to X

X owner Elon Musk has removed another remnant from the microblogging site, formerly known as…

7 hours ago

This website uses cookies.