Naira appreciates by 0.11% at Investors and Exporters Window.


May 10, 2023.

Azonuchechi Chukwu.

The Nigerian Naira appreciated  against the United States Dollar at the official market  on Tuesday, May 9, 2023.

The Nigerian currency in the Investors and Exporters (I&E) window of the forex market, appreciated against the American Dollar on Tuesday by 53 Kobo or 0.11 per cent to trade at N462.25/$1, in contrast to Monday’s value of N462.78/$1.

Also, in the black market, the Nigerian currency lost N2 against the Dollar yesterday to settle at N739/$1 compared with the previous trading day’s exchange rate of N737/$1.

The value of FX transactions at the spot market slightly went up by 0.5 per cent or $490,000 to $98.84 million from the previous day’s $99.33 million.(

Azonuchechi Chukwu
Azonuchechi Chukwu
Ms Azonuchechi Chukwu has a BSC holder in mass communication Ebonyi State University

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