Naira drops further by 0.64%

Sat, Jun 10, 2023

1 MIN READ

Economy

NAIRA on Friday depreciated further against the dollar at the Investors and Exporters window, exchanging N472.50 to the dollar.

The local currency showed a 0.64 per cent decrease when compared with N469.50 it exchanged for the dollar on Thursday.

The open indicative rate closed at N471.32 to the dollar on Friday.

An exchange rate of N477 to the dollar was the highest rate recorded within the day’s trading before it settled at N472.50.

The Naira sold for as low as 460 to the dollar within the day’s trading.

A total of 77.42 million dollars was traded at the official Investors and Exporters window on Friday. (NAN)

Tags: Naira drops further by 0.64%

VICE-PRESIDENT Kashim Shettima says Nigeria-China trade value has hit N7.38 trillion as at June. Shettima said this at the China-Africa...

A financial expert, Prof. Uche Uwaleke, says the Central Bank of Nigeria will soon put a halt to its incessant...

GOV. Ademola Adeleke of Osun on Wednesday said his administration has paid N12bn pension debt in his two years as...

Subscribe to Our Newsletter

Keep abreast of news and other developments from our website.