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Friday, April 8, 2022

Naira depreciates at official exchange; closes at N416.67 per dollar

A total of $112.03 million was traded in FX at the official Investors and Exporters Window on Thursday.

• April 7, 2022
Emefiele, Naira/Dollar
Composite of Godwin Emefiele, Naira/Dollar used to illustrate the story

The exchange rate at the Investors and Exporters window closed at N416.67/$1 on Thursday,  representing a 0.04% depreciation compared to N416.50/$1 recorded on Wednesday.

The open indicative rate also closed at N415.81/$1 on Thursday.

An exchange rate of N444/$1 was the highest rate recorded within the day trading before it settled at N416.67/$1, while it sold for as low as N410/$1 within the day trading.

A total of $112.03 million was traded in FX at the official Investors and Exporters Window on Thursday.

(NAN)

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