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Naira rises slightly to gain 0.39% against dollar at official rate

The naira sold for as low as ?588 to the dollar within the day's trading.The naira on Tuesday appreciated against the dollar as it exchanged at ?744.97 at the Investors and Exporters window.The naira gained 0.39% compared to the ?747.87 it exchanged for the dollar in Monday. The open indicative rate closed at ?774.99 to the dollar on Tuesday. A spot exchange rate of ?799.83 to the dollar was the highest rate recorded within the day's trading before it settled at ?744.97. The naira sold for as low as ?588 to the dollar within the day's trading. A total of $63.60 million was traded at the investors and exporters window on Tuesday.