Naira falls against dollar, exchanges N465.13 at investors, exporters window
Economy
THE Naira depreciated against the dollar on Wednesday, exchanging for N465.13 at the investors’ and exporters’ window.
The rate represented a decrease of 0.10 per cent when compared to the N464.67 it exchanged for the dollar on Tuesday.
The open indicative rate closed at N463.73 to the dollar on Tuesday.
A spot exchange rate of N466.89 was the highest rate used for trading within the day before it settled at N465.13..
Spot exchange rate is determined instantly.
The Naira sold for as low as N460 to the dollar within the day’s trading.
A total turnover of 267.04 million dollars was traded at the official Investors’ and Exporters’ window. (NAN)
Related Posts
Fuel: Kano residents dump cars, resort to bicycles, electric bikes
SOME residents of Kano have abandoned their cars to embrace trekking, use of bicycle, electric bike and commercial tricycles for...
Read MoreNigeria’s economy shows promise, inflation rate projected to decrease
THE Democratic Front (TDF) has welcomed Fitch Ratings’ projection that Nigeria’s inflation rate would decrease from 33.7 per cent to...
Read MoreExpert says problem-solving attracts financial success
A tech institute, Zulfah Academy, says consistent problem-solving drives financial success in technology and businesses. Its Chief Executive Officer, Mr...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.