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Naira Further Depreciates to the US Dollar at Investors’ and Exporters’ Window

Naira Further Depreciates to the US Dollar at Investors’ and Exporters’ Window

Somto NwanoluebySomto Nwanolue
4 years ago
in News
Reading Time: 1 min read
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The Naira on Friday, October 28, had exchanged at N444.75 to the dollar at the Investors and Exporters window, a big depreciation of 0.06 %, compared with N444.50 to the dollar it exchanged on Thursday, October 27.

The open indicative rate had closed at N443 to the dollar on Friday.

It should be noted that the exchange rate of N447 to the dollar has the highest rate recorded within the day’s trading before it finally settled at N444.75.

The Naira had sold for as low as 438 to the dollar within the day’s trading.

Meanwhile, a total of 61.89 million dollars was traded at the official Investors and Exporters window yesterday.

Tags: depreciatesExporters' WindowFurtherinvestorsNairaUS Dollar
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Somto Nwanolue

Somto Nwanolue

Somto Nwanolue is a news writer with a keen eye for spotting trending news and crafting engaging stories. Her interests includes beauty, lifestyle and fashion. Her life’s passion is to bring information to the right audience in written medium

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