The naira on Monday gained in value against the dollar as the exchange stands at N741.50 to a dollar at the investors and exporters window as at the close of business on Monday, July 3.
On Monday, $88.68 million was traded at the investors and exporters window according to Forex reports.
The naira then gained by 3.61 percent compared with N769.25, which it exchanged for the dollar at the close of business on June 30.
The open indicative rate closed at N760.39 to one dollar on Monday.
An exchange rate of N792 to the dollar was the highest rate recorded within the day’s trading before it settled at N741.50.