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

FG unveils new plan to strengthen national grid, curb power outages

The Federal Government has announced plans to invest in the rehabilitation and modernisation of Nigeria's…

3 hours ago

Customs earns Commonwealth CSR award for community impact

The Nigeria Customs Service (NCS) has received the Commonwealth Environment and Corporate Social Responsibility (CSR)…

3 hours ago

VeryDarkMan explains absence from Peller’s wedding, alleges fear of arrest in Lagos

Social media personality and activist Martins Vincent Otse, popularly known as VeryDarkMan (VDM), has said…

3 hours ago

Sterling Financial grows H1 revenue by 31%

Sterling Financial Holdings Company Plc has reported strong financial performance for the first half of…

3 hours ago

Manufacturers demand tax reforms, better infrastructure to revive industry

The Manufacturers Association of Nigeria (MAN) has urged the Federal Government to streamline the country's…

3 hours ago

Defence minister recounts how mother’s akara business helped shape his success

Nigeria's Minister of Defence, Christopher Musa, has revealed that his mother supported the family by…

3 hours ago

This website uses cookies.