The naira appreciated against the United States dollar on the Investor & Exporter forex window on Wednesday, July 19, closing at 793.70/$.
According to figures obtained from the FMDQ, the trading, which commenced at 778.07/$ on Wednesday reached a high of 853/$ before closing at 793.70/$. The trading also recorded a turnover of $87.19m as of the end of trading.
Bureau de Change operators bought and sold the dollar at N820 and N825 at the parallel market.
The Central Bank of Nigeria, in recent weeks, directed Deposit Money Banks to remove the rate cap on the naira at the I&E window to allow for a free float of the national currency against the dollar and other global currencies.
🔗 You May Also Like:
- Woman arrested for filming herself having s£x with Buddhist monks before blackmailing them for millions of pounds
- BREAKING NEWS: Former President Muhammadu Buhari Passes Away in London Clinic at 82
- Gov Soludo joins his son Ozonna in a dance challenge (video)
- Woman who had one-night stand with Nigerian man she met in night club is ordered to pay him £25,000 after she accused him of r@pe
- 5-year-old boy di£s in hot car after mother thought she dropped him off at day care
Discover more from NaijaWide
Subscribe to get the latest posts sent to your email.
Leave a Reply