The Naira strengthened against the dollar on Tuesday, trading for N464.50 at the Investors’ and Exporters’ window a few hours after President Bola Ahmed Tinubu took office, up from N464.51 on May 26 at the close of business.
On Tuesday, the open indicative rate reached a high of N464.10 to the dollar.
Before it ended at N464.50 on Tuesday, the exchange rate reached a high of N467 to the dollar during the trade.
Within days of trade, the Naira fell to 460 to the dollar.
On Tuesday, transactions in the official Investors and Exporters window totalled 120.36 million dollars.