Naira drops further against the dollar; exchanges at ₦765.13

It depreciated by 0.26 per cent when compared with the ₦763.17 for which it exchanged for the dollar on Wednesday.

Open indicative rate closed at ₦753.50 to the dollar on Thursday.

An exchange rate of ₦801 to the dollar was the highest rate recorded within the day’s trading, before it settled at ₦765.13.

The naira sold for as low as 446.32 to the dollar within Thursday’s trading.

A total of 204.84 million dollars was traded at the official investors and exporters window on Thursday.