Business

Naira drops against dollar at investors, exporters window

The naira, on Wednesday, July 19, 2023, depreciated against the dollar, exchanging at N793.70 at the investors and exporters window.

The naira decreased by 6.83 per cent when compared with N742.93 for which it exchanged for the dollar on Tuesday.

The open indicative rate closed at N778.07 to the dollar on Wednesday.

READ ALSO: Naira settles at N795.28 against dollar on Monday

A spot exchange rate of N853 to the dollar was the highest rate recorded within the day’s trading before it settled at N793.70.

The naira sold for as low as N699.50 to the dollar within the day’s trading.

A total of $87.19 million was traded at the investors and exporters window on Wednesday.

The Star

Segun Ojo

Recent Posts

Dangote refinery cuts petrol price to ₦1,165/litre, diesel to ₦1,570

Dangote Petroleum Refinery has reduced the ex-depot prices of Premium Motor Spirit (PMS), popularly known…

27 minutes ago

Kano zoo receives python rescued from residential building

A python found inside a residential building in the Daneji area of Kano State has…

2 hours ago

Salah arrives in Turkey to complete Trabzonspor move

Former Liverpool star Mohamed Salah arrived in Istanbul on Wednesday to complete his move to…

2 hours ago

Makinde declares presidential ambition, seeks Methodist Church’s backing

Oyo State Governor, Seyi Makinde, has publicly declared his intention to contest for the presidency,…

2 hours ago

2027: Accord Party candidate withdraws from presidential race, endorses Tinubu

The Accord Party presidential candidate, Prof. Christopher Imumolen, has withdrawn from the 2027 presidential race…

2 hours ago

3 die, others injured in Ogun road crash

No fewer than three persons lost their lives, while three others sustained injuries in a…

3 hours ago

This website uses cookies.