Naira depreciates by 0.08%, exchanges at 436.33 to dollar

Wed, Sep 28, 2022
By editor
1 MIN READ

Economy

THE Naira on Tuesday exchanged at N436.33 to the dollar at the Investors and Exporters window, a depreciation of 0.08 per cent, compared with N436 to the dollar on Monday.

The open indicative rate closed at N434.93 to the dollar on Tuesday.

An exchange rate of N441 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33.

The Naira sold for as low as N435 to the dollar within the day’s trading.

A total of 99.43 million dollars was traded at the official Investors and Exporters window on Tuesday. (NAN)

KN

Tags:


Nigeria’s inflation rate increased to 34.80% in December- NBS

THE National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate increased to 34.80 per cent in December 2024.The NBS...

Read More
Ododo stops Tax clearance as prerequisite for students’ registration in schools

GOV. Ahmed Ododo of Kogi on Wednesday directed the stoppage of Tax Clearance Certificate (TCC) as prerequisite for students’ registration...

Read More
CPPE projects positive inflation outlook for 2025

THE Centre for the Promotion of Private Enterprises (CPPE) says the country’s inflation outlook for 2025 promises to be positive. The CPPE...

Read More