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Business News of Friday, 14 July 2023

Source: vanguardngr.com

Naira appreciates to N746.28/$ in I&E window

Naira file image Naira file image

The naira yesterday appreciated to N746.28 per dollar in the Investors and Exporters, I&E window.

Data from FMDQ showed that the indicative exchange rate for the Investors and Exporters (I&E) window fell to N746.28 per dollar from N782.49 per dollar on Wednesday, indicating N36.21 appreciation for the naira.

Similarly, the naira appreciated to N790 per dollar in the parallel market yesterday from N793 per dollar on Tuesday, indicating N3 appreciation.