After 2 days of gains, naira depreciates, exchanges at 418.88 to dollar

After appreciating for two days, the Naira on Thursday dipped against the green back by 0. 21 per cent at the Investors and Exporters window.

Naira-and-dollar

The local currency exchanged at 418.88 to the dollar, compared to 418 traded on Wednesday.

The open indicative rate closed at N419 to the dollar on Thursday.

An exchange rate of N444.00 to the dollar was the highest rate recorded within the day’s trading before it settled at N418.88.

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

A total of 157. 46 million dollars was traded in foreign exchange at the official Investors and Exporters window on Thursday.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Top 10 African Countries with the highest inflation rates in 2022

Top 10 African Countries with the highest inflation rates in 2022

Organ Harvesting: Ekweremadu’s arrest in UK, what we know so far

Organ Harvesting: Ekweremadu’s arrest in UK, what we know so far

10 poorest African countries as of H1 2022, based on GDP per capita

10 poorest African countries as of H1 2022, based on GDP per capita

Tonto Dikeh nominated as deputy governorship candidate of Rivers State under ADC

Tonto Dikeh nominated as deputy governorship candidate of Rivers State under ADC

Inside the most expensive school in Ghana where kindergarten costs GHc176K a year

Inside the most expensive school in Ghana where kindergarten costs GHc176K a year

When and where to watch Super Eagles of Nigeria vs São Tomé and Príncipe

When and where to watch Super Eagles of Nigeria vs São Tomé and Príncipe

Owo attack: Buhari condemns killing of worshippers in Catholic Church

Owo attack: Buhari condemns killing of worshippers in Catholic Church

BREAKING: INEC confirms Machina, denies Lawan Yobe North senatorial seat

BREAKING: INEC confirms Machina, denies Lawan Yobe North senatorial seat

Owo massacre: Amotekun arrests suspects in connection with church attack

Owo massacre: Amotekun arrests suspects in connection with church attack