Business

Naira drops against dollar by 0.07%

The naira depreciated at the Investors and Exporters window on Thursday, May 25, exchanging at N463.67 to the dollar a 0.07 per cent.

The currency decreased against the N463.33 to the dollar traded on Wednesday.

The open indicative rate closed at N463.85 to the dollar on Thursday.

READ ALSO: Naira gains 0.23% against dollar at investors, exporters window

An exchange rate of N467 to the dollar was the highest rate recorded within Thursday’s trading before it settled at N463.67.

The naira sold for as low as 460 to the dollar within the day’s trading.

A total of $157.56 million was traded at the official Investors and Exporters window on Thursday.

The Star

Segun Ojo

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