The value of the Nigerian Naira experienced an appreciation, with an exchange rate of N741.50 to $1 at the investors and exporters window on Monday.

This marks a significant increase of 3.61% compared to the previous exchange rate of N769.25 on June 30.

Throughout the day’s trading, the open indicative rate closed at N760.39 for one dollar, while the highest recorded exchange rate reached N792 before settling at N741.50.

At its lowest point, the Naira was traded at N696.37 against the dollar during the day’s trading.

A total of $88.68 million was traded at the investors and exporters window on Monday.

Source: NAN