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Friday, March 24, 2023

Naira weakens further at I&E window, exchanges at 469.50 per dollar

The rate represented a decrease of 0.04 per cent compared to the N461.50 for which it exchanged to the dollar on Wednesday.

• March 23, 2023
Naira and Dollar
Naira and Dollar

On Thursday, the naira depreciated against the dollar at the Investors and Exporters Window, exchanging at N461.67.

The rate represented a decrease of 0.04 per cent compared to the N461.50 for which it exchanged to the dollar on Wednesday.

The open indicative rate closed at N461.25 to the dollar on Thursday.

An exchange rate of N462.50 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.67.

The naira sold for as low as N460 to the dollar within the day’s trading.

A total of 80.03 million dollars was traded at the official investors’ and exporters’ window. 

(NAN)

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