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Naira drops by 0.90% at Investors and Exporters window

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 Naira drops by 0 90 at Investors and Exporters window
Naira drops by 0.90% at Investors and Exporters window

1 The Naira on Tuesday depreciated at the Investors and Exporters window, against the dollar, exchanging at N431.

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2 The figure represented a decrease of 0.90 percent compared with the N427.17 it exchanged for the dollar on Monday.

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3 The open indicative rate closed at N427.30 to the dollar on Tuesday.

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4 An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled at N431.

5 The local currency sold for as low as N414 to the dollar within the day’s trading.

6 A total of 58.03 million dollars was traded in foreign exchange at the official Investors and Exporters’ window on Tuesday.

7 NewsSourceCredit: NAN

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