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

Loans alone cannot grow Nigerian businesses — Oyedele

Nigeria’s small businesses need patient capital, experienced investors and institutional support beyond conventional bank loans…

46 minutes ago

Police rescue kidnapped 15-year-old boy, kill suspect in Oyo

The Oyo State Police Command has rescued a 15-year-old boy abducted in Akinyele Local Government…

2 hours ago

Troops kill 15 terrorists in Borno airstrike

The Joint Task Force (North East), Operation Hadin Kai, has neutralised 15 terrorists in a…

3 hours ago

Ronaldinho to make comeback in third-division Italian club at 46

Brazil legend Ronaldinho will make his playing return at the age of 46 in November…

3 hours ago

Lula, Bolsonaro clash on living costs, corruption in final Brazil election debate

Brazilian President Luiz Inacio Lula da Silva and right-winger Flavio Bolsonaro held a final and…

3 hours ago

FG to end disputes delaying Zaria rail extension

The Federal Government has pledged to meet residents affected by railway construction in Zaria, Kaduna…

4 hours ago

This website uses cookies.