Home Business Naira drops against dollar, exchanges at N765.13

Naira drops against dollar, exchanges at N765.13

June 23, 2023

The naira, on Thursday, June 22, depreciated further against the dollar at the Investors and Exporters window, exchanging at N765.13.

It depreciated by 0.26 per cent when compared with the N763.17 for which it exchanged for the dollar on Wednesday.

The open indicative rate closed at N753.50 to the dollar on Thursday.

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading, before it settled at N765.13.

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

A total of $204.84 million was traded at the official Investors and Exporters window on Thursday.