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Naira drops against dollar by 0.17%

Naira and dollar [Ripples Nigeria]
Naira and dollar [Ripples Nigeria]
The Naira sold for as low as ₦460 to the dollar within the day’s trading.
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The Naira depreciated against the dollar on Wednesday, exchanging for ₦463.02 at the investors’ and exporters’ window.

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The rate represents a decrease of 0.17 per cent when compared to the ₦462.25 it exchanged to the dollar on Tuesday.

The open indicative rate closed at ₦463 to the dollar on Wednesday.

A spot exchange rate of ₦467 was used for trading within the day before it settled at N463.02.

Spot exchange rate is determined instantly.

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The Naira sold for as low as N460 to the dollar within the day’s trading.

A total turnover of US$ 178.68 million was traded at the official Investors’ and Exporters’ window. 

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