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Naira depreciates further, exchanges ₦464.42 to dollar
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A trader changes dollars with naira at a currency exchange store in Lagos February 12, 2015. REUTERS/Joe Penney
The naira on Tuesday depreciated at the Investors and Exporters window, exchanging at ₦464.42 to the dollar, a 0.20% decrease against ₦463.50 traded on Monday.
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The naira on Tuesday depreciated at the Investors and Exporters window, exchanging at ₦464.42 to the dollar, a 0.20% decrease against ₦463.50 traded on Monday.
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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.
A total of $215.91 million was traded at the official Investors and Exporters window.
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