Business

Naira drops against dollar at investors, exporters window

The naira, on Tuesday, June 27, dropped further, exchanged for N763 against the dollar at the Investors and Exporters window.

The naira depreciated by 0.67 per cent when compared with N768.17 for which it exchanged for the dollar at the close of business on Monday.

The open indicative rate closed at N760.50 to the dollar on Tuesday.

READ ALSO: Naira gains, exchanges at N768.17 against dollar

An exchange rate of N841 to the dollar was the highest rate recorded within the day’s trading, before settling at N763.

The naira sold for as low as 467 to the dollar within the day’s trading.

A total of $245.65 million was traded at the official Investors and Exporters window on Tuesday.

The Star

Segun Ojo

Recent Posts

Prince Harry, Meghan arrive Nigeria, meet wounded soldiers

...Duchess to co-host an event with Okonjo-Iweala Prince Harry and Meghan, the Duchess of Sussex,…

50 mins ago

Kano DisCo official: How I killed my friend over N3m FIRS job deal

A staff of the Kano Electricity Distribution Company, Saadiq Zubaru, has disclosed how he killed…

60 mins ago

Senate approves death sentence for drug traffickers

The Senate has approved death sentence as a penalty for trafficking in hard drugs and…

2 hours ago

Army releases rescued Chibok girl, 3 children to Borno govt

The Nigerian Army has handed over the rescued Chibok school girl, Lydia Simon, and her…

2 hours ago

UK exits recession with 0.6% GDP growth

The United Kingdom (UK) has exited the shallow recession it entered in the second half…

2 hours ago

Army arrests soldier for ammunition possession in Borno

The Nigerian Army has apprehended a soldier, Lance Corporal Mubarak Yakubu, over an alleged illegal…

3 hours ago

This website uses cookies.