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Home Economy/Technology

Naira falls to dollar at Investors and Exporters window

Naira

The Matters Press by The Matters Press
July 5, 2022
Reading Time: 1 min read
0
“Naira-4-Dollar” getting results

Naira depreciated against the dollar at the Investors and Exporters Window on Monday, exchanging at N425.75.

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The figure represented a depreciation of 0.18 per cent, compared to the N425 for which it exchanged for the dollar before the close of business on July 1.

The open indicative rate closed at N422.25 to the dollar on Monday.

An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N425.75.

The Naira sold for as low as N413.40 to the dollar within the day’s trading.

A total of 47.56 million dollars was traded in foreign exchange at the official Investors and Exporters Window on Monday.

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