Naira strengthens, trading at 461.24 per dollar

During the day's trading, the Naira fell as low as 459.50 to the dollar. On Wednesday, the Naira strengthened against the dollar, exchanging for 461.24 at the investors' and exporters' window. The rate represented a 0.11 percent increase over the 461.75 it exchanged for against the dollar on Tuesday. On Wednesday, the open indicative rate was 461.50 to the dollar. The highest rate recorded during the day's trading was 462.13 to the dollar before it settled at 461.24. During the day's trading, the Naira fell as low as 459.50 to the dollar. The official investors' and exporters' window saw 74.31 million dollars traded.