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Naira depreciates further, exchanges ₦‎464.42 to dollar

The naira sold for as low as ₦460 to the dollar within the day’s trading.

A total of $215.91 million was traded at the official Investors and Exporters window [Reuters/Joe Penney]

The open indicative rate closed at ₦464.10 to the dollar on Tuesday.

An exchange rate of ₦632 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦464.42.

The naira sold for as low as ₦460 to the dollar within the day’s trading.

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A total of $215.91 million was traded at the official Investors and Exporters window.

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