Business

Naira drops against dollar, exchanges at N765.13

The naira, on Thursday, June 22, depreciated further against the dollar at the Investors and Exporters window, exchanging at N765.13.

It depreciated by 0.26 per cent when compared with the N763.17 for which it exchanged for the dollar on Wednesday.

The open indicative rate closed at N753.50 to the dollar on Thursday.

READ ALSO: Naira drops against dollar, exchanges at N763.17

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading, before it settled at N765.13.

The naira sold for as low as 446.32 to the dollar within Thursday’s trading.

A total of $204.84 million was traded at the official Investors and Exporters window on Thursday.

The Star

Segun Ojo

Recent Posts

NASU, SSANU begin indefinite strike over stalled allowance

Non-academic staff unions in Nigeria's federal universities commenced an indefinite nationwide strike at midnight on…

44 minutes ago

Tinubu nominates Tegbe as Minister of Power

President Bola Ahmed Tinubu has nominated Joseph Olasunkanmi Tegbe as Minister of Power, pending confirmation…

1 hour ago

Fire guts car engine at Ilorin hotel

A vehicle caught fire late Wednesday at E-Phoenix Hotel, Tanke Junction, in the Ilorin South…

1 hour ago

2027: Jandor withdraws from Lagos guber race after buying N50m forms, backs Hamzat

A governorship aspirant in Lagos State, Abdul-Azeez Adediran, popularly known as Jandor has announced his…

2 hours ago

Wike bags ‘Light of Abuja’ title from FCT rulers

Traditional rulers in the Federal Capital Territory (FCT) have conferred the chieftaincy title of “Hasken…

2 hours ago

Wike-backed PDP faction wins as Supreme Court voids Ibadan convention

The Supreme Court has voided the national convention the Peoples Democratic Party (PDP) held in…

2 hours ago

This website uses cookies.