ADVERTISEMENT

Naira depreciates at investors, exporters window

The open indicative rate closed at ₦771.49 to the dollar on Monday

Naira depreciates at investors, exporters window. [Punch]

The local currency depreciated by 7.08% against the ₦736.62, it exchanged for the dollar on September 8.

The open indicative rate closed at ₦771.49 to the dollar on Monday.

A spot exchange rate of ₦804.15 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦773.50.

ADVERTISEMENT

The naira sold for as low as ₦722.39 to the dollar within the day’s trading.

A total of 37.86 million dollars was traded at the investors and exporters window on Monday.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Ghana is looking to supply Nigeria with its electricity needs following power grid shutdown

Ghana is looking to supply Nigeria with its electricity needs following power grid shutdown

CBN postpones September MPC meeting indefinitely as Cardoso waits in the wings

CBN postpones September MPC meeting indefinitely as Cardoso waits in the wings

World Bank pledges to reposition Nigeria’s irrigation farming

World Bank pledges to reposition Nigeria’s irrigation farming

Ukraine plans to fight hunger in Africa despite the dangerous transport routes

Ukraine plans to fight hunger in Africa despite the dangerous transport routes

FBRA, Lagos Govt host 'Trash Talk’ summit to treat packaging waste pollution

FBRA, Lagos Govt host 'Trash Talk’ summit to treat packaging waste pollution

Moniepoint records $12bn monthly transaction value, expands services

Moniepoint records $12bn monthly transaction value, expands services

The World Bank has warned that Nigeria may bear some of the brunt of the Niger coup

The World Bank has warned that Nigeria may bear some of the brunt of the Niger coup

Top 10 African cities with the least affordable housing

Top 10 African cities with the least affordable housing

Marketing Edge rewards Infinix with excellence in mobile gaming awards

Marketing Edge rewards Infinix with excellence in mobile gaming awards

ADVERTISEMENT
ADVERTISEMENT