Naira begins new week on a negative note, exchanges N430 to dollar
Tue, Aug 16, 2022 | By editor
Economy
THE Naira on Monday depreciated against the dollar at the Investors and Exporters window, exchanging at N430.
The figure represented a decrease of 0.09 per cent compared with the N429.62 it exchanged for the dollar before the close of business on Aug. 12.
The open indicative rate closed at N429.70 to the dollar on Monday.
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N430.
The Naira sold for as low as N417 to the dollar within the day’s trading.
A total of 134.30 million was traded in foreign exchange at the official investors and exporters window on Monday. (NAN)
A.I
Tags: N430 to dollar naira
Most Read
Business‘We’re being deliberately frustrated,’ Air Peace chair raises alarm over conspiracy from foreign airlinesBy editor1 MIN READ
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.