Advertisement

Battered naira exchanges for ₦‎775.34 per dollar at official market

Old naira notes
All denominations of naira notes in circulation can't expire, CBN reassures Nigerians
The naira depreciated against the dollar on Tuesday as it exchanged at ₦‎775.34 at the Investors and Exporters window.
Advertisement

The naira depreciated against the dollar on Tuesday as it exchanged at ₦‎775.34 at the Investors and Exporters window.

Advertisement

The naira lost by 0.42% compared to the ₦‎772.12 it exchanged for the dollar on Monday. The open indicative rate closed at ₦‎769.66 to the dollar on Tuesday.

A spot exchange rate of ₦‎799.90 to the dollar was the highest rate recorded within the day's trading before it settled at ₦‎775.34.

The naira sold for as low as ₦‎701 to the dollar within the day's trading.

A total of $71.32 million was traded at the investors and exporters window on Tuesday.

Advertisement