The naira depreciated at the Investors and Exporters window on Wednesday, May 31, exchanging at N464.67 to the dollar.
The local currency showed a 0.04 per cent decrease when compared with the N464.50 to the dollar it traded on Tuesday.
The open indicative rate closed at N464.10 to the dollar on Wednesday.
READ ALSO: Naira appreciates, exchanges at N464.50 against dollar
An exchange rate of N467 to the dollar was the highest rate recorded within Wednesday’s trading before it settled at N464.67.
The naira sold for as low as 460 to the dollar within the day’s trading.
A total of $163.74 million was traded at the official Investors and Exporters window on Wednesday.
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