close
Tuesday, July 4, 2023

Naira value appreciates, exchanges N741 to $1

The naira on Monday appreciated against the dollar, exchanging at N741.50 at the investors’ and exporters’ window.

• July 4, 2023
Dollar and Naira
NAIRA and DOLLAR

The naira on Monday appreciated against the dollar, exchanging at N741.50 at the investors and exporters window.

The naira 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.

The naira sold for as low as N696.37 to the dollar within the day’s trading.

On Monday, $88.68 million was traded at the investors and exporters window.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Cinema Exhibitors Association of Nigeria (CEAN)

Economy

Nigerian cinemas generated N567 million in June: CEAN

He expressed delight over the slight increase in revenue generated in June compared with what was got in May.

President Abdel-Fattah al-Sissi and President Recep Tayyip Erdoğan (Credit: Bloomberg)

World

Egypt, Turkey exchange ambassadors after decade of frozen ties

Relations between Egypt and Turkey soured mid-2013 after the Egyptian army toppled President Mohammed Morsi.

Peter Mbah

States

Gov Mbah promises to end Enugu water scarcity in five months

Governor Peter Mbah has vowed to end water scarcity in the Enugu metropolis and other towns in 154 days.

Opeyemi Bamidele

Politics

Bamidele emerges majority leader of 10th Senate

Senate President Godswill Akpabio has announced Opeyemi Bamidele (APC-Ekiti) as the majority leader of the 10th Senate.

Senator George Akume

Politics

Tinubu moving Nigeria to greatness, says SGF Akume

“President Tinubu is very passionate about creating a new path to the greatness of Nigeria.”