Capital Market Finance

Naira weakens against dollar, exchanges at 419

The Naira on Thursday depreciated at the Investors and Exporters window exchanging at N419 to the dollar, a 0.24 per cent depreciation, weaker than N418 it traded on Wednesday.

The open indicative rate closed at N417.40 to the dollar on Thursday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.00.

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

A total of 108.24 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday.

Related posts

NSE, Meristem Securities to launch style indices

Editor

Naira closes at N363.32 to dollar at investors’ window

Editor

CBN releases regulation for electronic payments, collections

By Shile GIWA

Africa’s economy to rise by 3.9% in 2020–AfDB

Meletus EZE 

2019: NBS to release 179 reports on economy

Editor

Gbajabiamila to meet with Finance Minister, CBN over aviation crisis

Our Reporter