Monday, July 4, 2022

Naira Tumbles Further Against The Dollar…See The Exchange Rate

- Advertisement -

The Naira depreciated against the dollar on Wednesday at the Investors and Exporters window to exchange at N419.25 to the dollar.

This is compared to N418.50/$1 traded on Tuesday, representing 0.18 per cent depreciation.

Read Also: Justice Must Be Done For The Senseless, Brutal Killing Of Young Deborah Samuel – UN Deputy Sec-Gen, Amina Mohammed
The open indicative rate closed at N418.00 to the dollar.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N419.25.

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

Read Also: If Buhari Wanted To Make You President, Why Did He Ask Osinbajo, Fayemi And Other Yoruba Men To Contest Against You? – Ayo Adebanjo Warns Bola Tinubu Not To Believe Buhari
A total of 201.34 million dollars was traded in foreign exchange at the official Investors and Exporters window on Wednesday.

Outbrain Advertisements

At the unofficial market, the Naira traded over N600 per dollar.

Photo Credit: Getty 

Also Read:  FIFPro Announces Top Best 55 Players In The World...Man Utd Stars Make List
- Advertisement -

Related Articles

- Advertisement -

Leave a Reply

Stay Connected

- Advertisement -

Latest Articles