Naira appreciation of 2.43% against the dollar with official market rate of 756.44/$

On Monday, the open indicative rate ended at 784.91 to the dollar.On Monday, the naira strengthened versus the dollar, trading at 756.94 at the Investors and Exporters window.When compared to the exchange rate of 775.76 pesos for one dollar at the close of business on July 28, the local currency increased by 2.43%. On Monday, the open indicative rate ended at 784.91 to the dollar. Before it closed at 756.94, the spot exchange rate reached a high of 830 to the dollar throughout the day's trading. Throughout the course of the day's trade, the naira fell as low as 651 to the dollar. On Monday, transactions at the investors and exporters window totaled $67.21 million.