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Naira Depreciates By 0.46%, Exchanges At 441.17 To Dollar

Next Edition by Next Edition
October 12, 2022
in Top News
Nigeria Technically Devalues Currency

Naira notes

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The Naira on Tuesday exchanged at N441.17 to the dollar at the Investors and Exporters window, a depreciation of 0.46per cent, compared with N439.17 to the dollar at the close of business on Oct. 7.

The open indicative rate closed at N439.40 to the dollar on Tuesday.

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An exchange rate of N414 to the dollar was the highest rate recorded within the day’s trading before it settled at N441.17.

READ ALSO: Gunmen Set Council Headquarters Ablaze In Ebonyi

The Naira sold for as low as N414 to the dollar within the day’s trading.

A total of 73.66 million dollars was traded at the official Investors and Exporters window on Tuesday. (NAN)

Tags: dollarForex Marketforex traderNairaNSE
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