Naira begins week on negative note

Mon, Feb 27, 2023

1 MIN READ

Business

THE Naira on Monday exchanged at N462 to the dollar at the Investors and Exporters window.

The figure represented a depreciation by 0.18 per cent compared with the N461.17 it exchanged for at the close of business on Feb. 24.

The open indicative rate closed at N461.35 to the dollar on Monday.

An exchange rate of N462.05 to the dollar was the highest rate recorded within the day’s trading before it settled at N462.

The Naira sold for as low as N446 to the dollar within the day’s trading.

A total of 54.37 million dollars was traded at the official Investors and Exporters window on Monday

-(NAN)

Tags: dollar

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