Finance

Naira depreciates further against dollar

The Naira exchanged at 419.33 to the dollar at the Investors and Exporters window on Wednesday, a 0.20 per cent depreciation, compared to 418.50 to the dollar on Tuesday.

The open indicative rate closed at 418.38 to the dollar on Wednesday.

An exchange rate of 444 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.33.

The Naira sold for as low as 410 to the dollar within the day’s trading.

A total of 82.56 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday

Related posts

Afreximbank Gets New Director

Our Reporter

MonieWorx Encore Campaign raises ₦260m in 7 days

Editor

SEC partners PenCom to boost financial literacy

By Kunle SHONUGA

Fuel crisis may affect inflation, says Statistician-General

Our Reporter

Naira slumps to 452/$ as speculations, debt weaken market

Our Reporter

Economic recovery in Nigeria, S/Africa, Angola weak in 2019- World Bank

By Meletus EZE