Naira eases 0.04% against dollar on offical window

Thu, Jun 30, 2022
By editor
1 MIN READ

Economy

THE Naira depreciated against the dollar on Thursday at the Investors and Exporters Window to close at N425.05.

The figure represented a  depreciation of 0.04 per cent when compared with N424.88 exchanged on Wednesday.

Also, the open indicative rate closed at N420.96 to the dollar on Thursday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N425.05.

The Naira sold for as low as N413 to the dollar within the day’s trading.

A total of 76.64 million dollars was traded in foreign exchange at the official Investors and Exporters Window on Thursday. (NAN)

KN

Tags:


Rethink reform strategies, IMF advises Nigeria

AGAINST the backdrop of frustrations faced by the general public in Nigeria and some other Sub-Saharan African countries undergoing economic...

Read More
Edo assembly passes N485.6bn supplementary budget

EDO House of Assembly on Monday approved the Revised Supplementary Budget of N485.6 billion for 2024. Gov. Monday Okpebholo, on...

Read More
High transport cost reason for food price hike, say Abia, Imo residents

RESIDENTS of Imo and Abia in the South-East have blamed the persistently rising prices of food stuffs in the country...

Read More